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
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. . . .
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
18.25x
0.15
Health
Oct 2025
12.72x
0.01
Education & public
Oct 2025
13.74x
0.28
United States
Oct 2025
9.51x
0.25
Natural resources
Oct 2025
14.76x
0.25
Private2000
Oct 2025
12.32x
0.23
Hospitality and entertainment
Oct 2025
13.41x
0.5
Manufacturing
Oct 2025
16.91x
0.4
Asia
Oct 2025
18.47x
0.18
Transportation
Oct 2025
17.13x
0.2
Real estate and construction
Oct 2025
16.89x
0.44
Information and communication
Oct 2025
16.71x
0.09
Financials
Oct 2025
16.13x
0.31
Professional and other services
Oct 2025
16.54x
0.17
Europe
Oct 2025
15.81x
0.34
Retail
Oct 2025
1878.33
USD
0.32%
Infra100® Global Debt, VW USD
Oct2025
3543.43
USD
0.87%
Infra100® Midmarket, VW USD
Oct2025
1645.90
USD
-0.22%
Infra100® UK Debt, VW USD
Oct2025
1468.98
USD
-0.45%
InfraGreen® Debt, VW USD
Oct2025
12507.68
USD
1.67%
Infra100® Project Finance, VW USD
Oct2025
7094.74
USD
1.81%
Infra100® Global, VW USD
Oct2025
5763.68
USD
1.75%
Infra100® Europe, VW USD
Oct2025
1651.12
USD
-0.22%
Infra100® GBP-denominated Debt, VW USD
Oct2025
5121.97
USD
0.81%
InfraGreen® , VW USD
Oct2025
3682.00
USD
1.64%
Infra100® Core+, VW USD
Oct2025
2029.58
USD
0.19%
Infra100® Project Finance Debt, VW USD
Oct2025
1594.27
USD
-0.62%
Infra100® Eurozone Debt, VW USD
Oct2025
1812.83
USD
-0.49%
Infra100® Europe Debt, VW USD
Oct2025
5116.56
USD
2.21%
Infra100® UK, VW USD
Oct2025
1630.55
USD
-0.49%
Infra100® EUR-denominated Debt, VW USD
Oct2025
3049.52
USD
1.27%
Infra100® Core, VW USD
Oct2025
5068.16
USD
1.23%
Infra100® Eurozone, VW USD
Oct2025
7200.82
USD
1.49%
infra300®, VW USD
Oct2025
1911.56
USD
0.06%
Infra300® Debt, VW USD
Oct2025
9299.25
USD
0.87%
Infra100® Energy, VW USD
Oct2025
11504.16
USD
1.87%
Infra100® Opportunistic, VW USD
Oct2025
privateMetrics® Market Indices
4145.47
USD
2.76%
private2000, VW USD
Oct 31, 2025
4763.22
USD
2.76%
privateUS, VW USD
Oct 31, 2025
4252.23
USD
2.21%
privateEurope, VW USD
Oct 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.
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