S&P Global, in partnership with investment firms Cambridge Associates and Mercer, has launched private markets performance datasets covering private credit and real assets.
The datasets are designed to help investors, including both limited partners and general partners, compare performance, manage risk, underwrite deals and assess portfolio impacts.
According to the firms, the initial release delivers data for thousands of funds and their underlying assets across private credit and real assets. Datasets covering private equity and other asset classes will follow later in 2026, the firms said.
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“As private markets evolve, the need for consistent, decision-ready intelligence has never been greater,” said Saugata Saha, president of S&P Global Market Intelligence and chief enterprise data officer of S&P Global. “This collaboration brings a more rigorous, standardised approach to the private markets ecosystem, transforming fragmented information into comparable intelligence that investors can use to assess performance, evaluate risk and make more disciplined investment decisions.”
The offerings are named the S&P Global, Cambridge Associates, Mercer Private Markets Performance Analytics datasets. They leverage a new private markets taxonomy to standardise, aggregate and anonymise data, the firms said.
The new private markets dataset is the first release from a collaboration between the ratings agency and the investment firms, established in 2025. S&P Global, Cambridge Associates and Mercer partnered to deliver private markets performance analytics.
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“As experienced investors in private markets, we have long believed that powerful data leads to more informed insights and better decision making,” said Andrea Auerbach, global head of private investments at Cambridge Associates. “Adding solutions that keep pace with the rapidly evolving private markets landscape further strengthens our abilities to provide our clients with new insights and position client portfolios for long-term success.”
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