ACCESS THE LATEST SIPA MARKET REPORTS TO FIND OUT WHICH FUNDS AND GPs OUTPERFORM THE MARKET AND HOW TO NAVIGATE THE LARGE & COMPLEX PRIVATE ASSET MARKET. FIND OUT MORE HERE
Benchmark private infrastructure debt with transaction-based indices, updated monthly. Get clear performance and risk insights by exploring our index catalog. . . .
We are pleased to announce the release of Scientific Infra & Private Assets’ 2025 Private Alpha League Tables (Infrastructure Edition), a comprehensive assessment of skill-based performance in private infrastructure. . . .
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. . . .
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. . . .
Private Equity EBITDA Multiples (unadjusted) by Segment and Region
13.76x
-0.03
Hospitality and entertainment
Dec 2025
17.91x
0
Information and communication
Dec 2025
10.19x
-0.12
Natural resources
Dec 2025
14.49x
0.03
United States
Dec 2025
17.34x
0.11
Asia
Dec 2025
22.09x
0.19
Health
Dec 2025
19.79x
0.03
Transportation
Dec 2025
14.1x
-0.03
Education & public
Dec 2025
15.43x
0.08
Private2000
Dec 2025
16.67x
-0.08
Retail
Dec 2025
20.61x
-0.06
Real estate and construction
Dec 2025
19.72x
0.04
Financials
Dec 2025
17.33x
-0.06
Professional and other services
Dec 2025
17.15x
0.11
Europe
Dec 2025
15.04x
-0.09
Manufacturing
Dec 2025
3743.80
USD
-0.08%
Infra100® Core+, VW USD
Dec2025
11444.50
USD
-2.31%
Infra100® Opportunistic, VW USD
Dec2025
1918.78
USD
0.37%
Infra300® Debt, VW USD
Dec2025
9434.06
USD
0.11%
Infra100® Energy, VW USD
Dec2025
5953.13
USD
0.85%
Infra100® Europe, VW USD
Dec2025
1482.40
USD
0.3%
InfraGreen® Debt, VW USD
Dec2025
5286.19
USD
1.63%
Infra100® UK, VW USD
Dec2025
7250.13
USD
-0.86%
infra300®, VW USD
Dec2025
12770.74
USD
-0.15%
Infra100® Project Finance, VW USD
Dec2025
7267.86
USD
-0.34%
Infra100® Global, VW USD
Dec2025
1685.63
USD
1.29%
Infra100® GBP-denominated Debt, VW USD
Dec2025
1888.37
USD
0.07%
Infra100® Global Debt, VW USD
Dec2025
1833.82
USD
0.83%
Infra100® Europe Debt, VW USD
Dec2025
5215.23
USD
0.39%
Infra100® Eurozone, VW USD
Dec2025
1649.42
USD
0.83%
Infra100® EUR-denominated Debt, VW USD
Dec2025
3104.10
USD
0.35%
Infra100® Core, VW USD
Dec2025
1597.17
USD
0.33%
Infra100® Eurozone Debt, VW USD
Dec2025
5207.62
USD
0.59%
InfraGreen® , VW USD
Dec2025
3582.43
USD
0.24%
Infra100® Midmarket, VW USD
Dec2025
2045.21
USD
0.08%
Infra100® Project Finance Debt, VW USD
Dec2025
1680.30
USD
1.29%
Infra100® UK Debt, VW USD
Dec2025
privateMetrics® Market Indices
4642.87
USD
1.83%
privateEurope, VW USD
Dec 31, 2025
5052.82
USD
0.19%
privateUS, VW USD
Dec 31, 2025
4458.63
USD
0.92%
private2000, VW USD
Dec 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.
We regularly run webinars and seminars that address our data and methodologies in depth and provide current and future users of privateMetrics with the insights they need to navigate private market benchmarking. We also participate in leading industry conferences and events to engage with the wider private markets community.
Come and meet Scientific Infra & Private Assets (SIPA) at the Infrastructure Investor Global Summit in Berlin on 24-27 March, 2026, where Frédéric Blanc-Brude, Director of Scientific
Event Details
Come and meet Scientific Infra & Private Assets (SIPA) at the Infrastructure Investor Global Summit in Berlin on 24-27 March, 2026, where Frédéric Blanc-Brude, Director of Scientific Infra & Private Assets (SIPA), will be hosting a session (details to be confirmed shortly).
The Infrastructure Investor Global Summit is the flagship gathering of the Infrastructure Investor Network, the world’s largest community of institutional investors and managers in infrastructure, where 3,000+ members — including the world’s leading institutional investors, top fund managers, and key policymakers — fill the halls, set the agenda, and shape the future of the asset class. LPs come to meet peers, connect directly with GPs, and benchmark strategies in one unparalleled setting.
Come and meet Scientific Infra & Private Assets (SIPA) at the Infrastructure Investor Global Summit in Berlin on 24-27 March, 2026, where Frédéric Blanc-Brude, Director of Scientific
Event Details
Come and meet Scientific Infra & Private Assets (SIPA) at the Infrastructure Investor Global Summit in Berlin on 24-27 March, 2026, where Frédéric Blanc-Brude, Director of Scientific Infra & Private Assets (SIPA), will be hosting a session (details to be confirmed shortly).
The Infrastructure Investor Global Summit is the flagship gathering of the Infrastructure Investor Network, the world’s largest community of institutional investors and managers in infrastructure, where 3,000+ members — including the world’s leading institutional investors, top fund managers, and key policymakers — fill the halls, set the agenda, and shape the future of the asset class. LPs come to meet peers, connect directly with GPs, and benchmark strategies in one unparalleled setting.
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10 years
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Fraud prevention and detection
1 year
WooCommerce is a customizable eCommerce platform for building online stores using WordPress.
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Description
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Contains a unique code for each customer so that it knows where to find the cart data in the database for each customer.
2 days
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Powers the Recent Viewed Products widget
session
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Allows dashboard users to dismiss Marketplace suggestions, if enabled.
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Helps WooCommerce determine when cart contents/data changes.
session
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WP Consent API is a plugin that standardizes the communication of accepted consent categories between plugins.
Name
Description
Duration
wp_consent_{category}
Stores your consent preference for a specific cookie category (e.g., functional, marketing). It ensures consistent consent management across WordPress plugins supporting the WP Consent API.
30 days
WPForms is a user-friendly WordPress plugin for creating custom forms with drag-and-drop functionality.
Name
Description
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wpfuuid
Used to track user interactions with forms.
11 years
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Google Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.
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90 days
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2 years after last activity
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Used to monitor number of Google Analytics server requests
10 minutes
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30 minutes after last activity
__utmc
Used only with old Urchin versions of Google Analytics and not with GA.js. Was used to distinguish between new sessions and visits at the end of a session.
End of session (browser)
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6 months after last activity
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2 years after last activity
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18 months
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2 years
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Used by Google Analytics to determine which links on a page are being clicked
30 seconds
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ID used to identify users
2 years
_gid
ID used to identify users for 24 hours after last activity
24 hours
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Used to monitor number of Google Analytics server requests when using Google Tag Manager
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SourceBuster is used by WooCommerce for order attribution based on user source.
Name
Description
Duration
sbjs_session
The number of page views in this session and the current page path
30 minutes
sbjs_udata
Information about the visitor’s user agent, such as IP, the browser, and the device type
session
sbjs_first
Traffic origin information for the visitor’s first visit to your store (only applicable if the visitor returns before the session expires)
session
sbjs_current
Traffic origin information for the visitor’s current visit to your store
session
sbjs_first_add
Timestamp, referring URL, and entry page for your visitor’s first visit to your store (only applicable if the visitor returns before the session expires)
session
sbjs_current_add
Timestamp, referring URL, and entry page for your visitor’s current visit to your store
session
sbjs_migrations
Technical data to help with migrations between different versions of the tracking feature
session
Marketing cookies are used to follow visitors to websites. The intention is to show ads that are relevant and engaging to the individual user.
A video-sharing platform for users to upload, view, and share videos across various genres and topics.
Registers a unique ID on mobile devices to enable tracking based on geographical GPS location.
1 day
VISITOR_INFO1_LIVE
Tries to estimate the users' bandwidth on pages with integrated YouTube videos. Also used for marketing
179 days
PREF
This cookie stores your preferences and other information, in particular preferred language, how many search results you wish to be shown on your page, and whether or not you wish to have Google’s SafeSearch filter turned on.
10 years from set/ update
YSC
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Session
DEVICE_INFO
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179 days
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