SIPA DAY 2025: JOIN US IN NEW YORK ON OCT 22 TO DISCOVER THE LATEST PRIVATE MARKET DATA AND THE 2025 GP AWARDS (Private Infrastructure Edition). READ THE PROGRAM HERE
Go beyond traditional analysis and unlock the true dynamics of the private equity market with the “Global Private Equities Universe” report from Scientific Infra & Private Assets. . . .
Reserve your complimentary seat for this high-impact event focused on data-driven innovation in private markets exploring cutting-edge approaches to performance measurement, GP selection, and product design in private equity and infrastructure. . . .
SIPA Data suggests that the underlying buyout market (Asset level) is as much as 40% below the performance reported by buyout funds. The Private2000 index reflects the latest level of transactions but exit prices are not always being reflected by the new buyers. . . .
The private2000 Index is a global benchmark tracking the performance of 2,000 unlisted private companies across 30 key markets, designed to reflect the structure and risk-return characteristics of the private equities market. . . .
The 2025 PE League Tables are out: GP ranking and rating are primarily based on their ability and tendency to generate alpha i.e., to outperform the market during the 2013-2023 period. . . .
This report uses a decade of private fund performance data in combination with the privateMetrics® market indices and benchmarks to compute the market outperformance of 600 buyout funds and their managers, as well as their ability to keep generating alpha. . . .
Private Equity EBITDA Multiples (unadjusted) by Segment and Region
12.11x
-0.08
Hospitality and entertainment
Aug 2025
16.1x
-0.19
Europe
Aug 2025
15.95x
-0.15
Information and communication
Aug 2025
16.77x
-0.21
Asia
Aug 2025
10.31x
-0.15
Natural resources
Aug 2025
13.3x
-0.19
Manufacturing
Aug 2025
14.39x
-0.22
Private2000
Aug 2025
12.6x
-0.43
Education & public
Aug 2025
13.35x
-0.24
United States
Aug 2025
15.98x
-0.12
Professional and other services
Aug 2025
16.41x
-0.36
Financials
Aug 2025
17.81x
-0.38
Health
Aug 2025
17.93x
-0.1
Real estate and construction
Aug 2025
18.09x
-0.31
Retail
Aug 2025
18.98x
-0.47
Transportation
Aug 2025
9052.58
USD
1.99%
Infra100® Energy, VW USD
Aug2025
4905.28
USD
0.94%
Infra100® UK, VW USD
Aug2025
1892.53
USD
1.93%
Infra300® Debt, VW USD
Aug2025
2010.23
USD
2.26%
Infra100® Project Finance Debt, VW USD
Aug2025
3477.49
USD
2.32%
Infra100® Midmarket, VW USD
Aug2025
1855.94
USD
1.9%
Infra100® Global Debt, VW USD
Aug2025
1646.71
USD
1.92%
Infra100® GBP-denominated Debt, VW USD
Aug2025
1626.87
USD
2.42%
Infra100® EUR-denominated Debt, VW USD
Aug2025
5537.78
USD
1.18%
Infra100® Europe, VW USD
Aug2025
10855.40
USD
1.74%
Infra100® Opportunistic, VW USD
Aug2025
6936.10
USD
1.15%
infra300®, VW USD
Aug2025
1587.14
USD
2.84%
Infra100® Eurozone Debt, VW USD
Aug2025
2951.43
USD
1.41%
Infra100® Core, VW USD
Aug2025
1808.75
USD
2.42%
Infra100® Europe Debt, VW USD
Aug2025
4892.68
USD
1.74%
Infra100® Eurozone, VW USD
Aug2025
3502.67
USD
1.12%
Infra100® Core+, VW USD
Aug2025
4604.24
USD
2.39%
InfraGreen® , VW USD
Aug2025
6782.06
USD
1.76%
Infra100® Global, VW USD
Aug2025
1642.00
USD
1.92%
Infra100® UK Debt, VW USD
Aug2025
11913.46
USD
1.17%
Infra100® Project Finance, VW USD
Aug2025
1461.39
USD
2.78%
InfraGreen® Debt, VW USD
Aug2025
privateMetrics® Market Indices
4041.36
USD
-0.86%
privateEurope, VW USD
Aug 31, 2025
3949.87
USD
-1.08%
private2000, VW USD
Aug 31, 2025
4509.89
USD
-1.22%
privateUS, VW USD
Aug 31, 2025
"The only benchmarks to compare funds with private asset markets."
SIPA market indices and benchmarks measure the risk and performance of private asset markets that are much larger than the holding of private equity and infrastructure funds. they allow for a genuine comparison of fund and manager performance against the a relevant, transparent and up-to-date benchmark.
Understand the sources of performance and alpha
When used in combination with the Direct Alpha method, the privateMetrics® benchmarks clearly discriminate between those private funds that can generate positive alpha and those that do not.
Measure the risk and the performance of private markets
privateMetrics® market indices and benchmarks are designed to capture the latest level of market prices using an advanced, AI-driven asset pricing model, providing high frequency, robust risk and performance data.
Instead of comparing funds and managers with each other in (often) weak peer groups, infraMetrics is the surest way to decide which funds and which GPs are the best at creating private asset value.
Install the privateMetrics® Add-in from Microsoft AppSource (directly from MSExcel) and access all the privateMetrics functionalities including custom benchmarks, customised comparables, fund alpha calculation, index catalogue, TICCS and PECCS taxonomies etc. Some features require a subscription.
Our Excel Add-in is a powerful way to access privateMetrics data.
Are you ready to dive deep into private markets?
Follow our Podcast on Private Market Benchmarking. New Episodes weekly.
Our Research
R&D of the EDHEC Infrastructure & Private Asset Research Institute
Since 2016, the EDHEC Infrastructure & Private Assets Research Institute has been producing research on private asset pricing, risk management, credit risk and climate risk measurement. While some of this research has now been industrialised and is distributed by our corporate arm, Scientific Infra & Private Assets, we continue to develop new applied research in the field of investment and private markets, with a focus on machine learning and language processing.
SIPA organises weekly "Blitizinars", open online meetings to present and discuss new research and data in 15 minutes + Q&A. Efficient and useful. We also run longer webinars and seminars that address our data and methodologies in depth and provide current and future users of privateMetrics the insights they need to navigate private market benchmarking.
Come and meet Scientific Infra & Private Assets (SIPA) at the ILPA Summit in New York on 4-6 November, 2025!
The Institutional Limited Partners Association (ILPA) annual summit takes place every
Event Details
Come and meet Scientific Infra & Private Assets (SIPA) at the ILPA Summit in New York on 4-6 November, 2025!
The Institutional Limited Partners Association (ILPA) annual summit takes place every year in Q4 and over the years has grown into one of the most important private equity events worldwide, efficiently connecting limited partners to qualified general partners and service providers while offering first-in-class educational sessions and timely talks on trending topics.
Come and connect with us at the Markets Group Private Equity Boston Forum on 12-13 November, 2025!
At the event, Abhishek Gupta, Associate Director and Head of Product Development at Scientific
Event Details
Come and connect with us at the Markets Group Private Equity Boston Forum on 12-13 November, 2025!
At the event, Abhishek Gupta, Associate Director and Head of Product Development at Scientific Infra & Private Assets (SIPA), will be moderating a panel discussion on “LP Insights on Fund Manager Selection in the Northeast”.
He will also be hosting a roundtable discussion on “Measuring Risk and Value in Private Equity Markets”.
The Private Equity Boston Forum is the premier New England event designed to enhance financial and investment practices while fostering collaboration within the private equity community through expert-led panels on key industry topics. The event will enable participants to gain insights into developing tailored exit strategies based on market conditions, mastering competitive deal sourcing, and optimising GP-led transactions and continuation funds, as well as to learn from top professionals how to maximise value, address risks, and enhance liquidity solutions.
Scientific Infra & Private Assets (SIPA) is proud to be a Platinum Sponsor of the forum.
For information on the event, please visit the dedicated web page.
Location
Harvard Club of Boston - Back Bay, 374 Commonwealth Ave Boston, MA 02215, United States
Markets Group produces in-person and virtual forums that help the investment management industry engage face to face. Founded in 2009, Markets Groups brings together the investment management community for peer driven thought leadership experiences that provide a platform for education, business development and networking.
Join us at the Insurance Asset Management Conference & Awards in London on 27 November, 2025!
This one-day conference will provide delegates from the insurance industry with essential and timely investment
Event Details
Join us at the Insurance Asset Management Conference & Awards in London on 27 November, 2025!
This one-day conference will provide delegates from the insurance industry with essential and timely investment presentations and thoughts from leading industry figures to help navigate the economic landscape. Delegates will also have networking opportunities throughout the day with industry peers to build on their insurance investment thinking and strategies.
Scientific Infra & Private Assets (SIPA) is proud to be a sponsor of the event.
For information on the event, please visit the dedicated web page.
Location
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdom
Come and meet Scientific Infra & Private Assets (SIPA) at the ILPA Summit in New York on 4-6 November, 2025!
The Institutional Limited Partners Association (ILPA) annual summit takes place every
Event Details
Come and meet Scientific Infra & Private Assets (SIPA) at the ILPA Summit in New York on 4-6 November, 2025!
The Institutional Limited Partners Association (ILPA) annual summit takes place every year in Q4 and over the years has grown into one of the most important private equity events worldwide, efficiently connecting limited partners to qualified general partners and service providers while offering first-in-class educational sessions and timely talks on trending topics.
Come and connect with us at the Markets Group Private Equity Boston Forum on 12-13 November, 2025!
At the event, Abhishek Gupta, Associate Director and Head of Product Development at Scientific
Event Details
Come and connect with us at the Markets Group Private Equity Boston Forum on 12-13 November, 2025!
At the event, Abhishek Gupta, Associate Director and Head of Product Development at Scientific Infra & Private Assets (SIPA), will be moderating a panel discussion on “LP Insights on Fund Manager Selection in the Northeast”.
He will also be hosting a roundtable discussion on “Measuring Risk and Value in Private Equity Markets”.
The Private Equity Boston Forum is the premier New England event designed to enhance financial and investment practices while fostering collaboration within the private equity community through expert-led panels on key industry topics. The event will enable participants to gain insights into developing tailored exit strategies based on market conditions, mastering competitive deal sourcing, and optimising GP-led transactions and continuation funds, as well as to learn from top professionals how to maximise value, address risks, and enhance liquidity solutions.
Scientific Infra & Private Assets (SIPA) is proud to be a Platinum Sponsor of the forum.
For information on the event, please visit the dedicated web page.
Location
Harvard Club of Boston - Back Bay, 374 Commonwealth Ave Boston, MA 02215, United States
Markets Group produces in-person and virtual forums that help the investment management industry engage face to face. Founded in 2009, Markets Groups brings together the investment management community for peer driven thought leadership experiences that provide a platform for education, business development and networking.
Join us at the Insurance Asset Management Conference & Awards in London on 27 November, 2025!
This one-day conference will provide delegates from the insurance industry with essential and timely investment
Event Details
Join us at the Insurance Asset Management Conference & Awards in London on 27 November, 2025!
This one-day conference will provide delegates from the insurance industry with essential and timely investment presentations and thoughts from leading industry figures to help navigate the economic landscape. Delegates will also have networking opportunities throughout the day with industry peers to build on their insurance investment thinking and strategies.
Scientific Infra & Private Assets (SIPA) is proud to be a sponsor of the event.
For information on the event, please visit the dedicated web page.
Location
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdom
