SPI Benchmarking allows investors to leverage StepStone’s vast proprietary data to identify trends within the private markets, summarizing deal-level performance, operating metrics, value creation, and more.

Deal Performance – All Asset Classes

3,200
+
General Partners
As of 9/30/2025
10,500
+
Funds
As of 9/30/2025
172k
+
Companies
As of 9/30/2025
286k
+
Investments
As of 9/30/2025

Suite of benchmarking solutions

Deal performance

Compare gross deal-level performance with custom analytics across strategy, industry, geography, transaction size, time period, and more.

Operating metrics and value creation

Benchmark purchase price multiples, leverage multiples and equity contributions.

Value creation analysis (e.g., % of value created from revenue growth, margin expansion, multiple expansion, etc.).

Fund performance and terms (coming soon)

Net fund-level performance metrics (IRR, TVPI, DPI) across asset class, strategy, and vintage years.

Compare legal terms (mgmt. fee, carried interest, GP commitment, etc.) by strategy, region, vintage, fund size, and more.

Deal Benchmarking: Use cases and key features

GP strategic resource

Highly customized data and analysis to enhance GP fundraising and firm-level strategy, market research and deal underwriting.

Deeper LP insights

Identify strengths, weaknesses and differentiators for GP track records, comparing them on a more apples-to-apples basis, making it possible to explain “the why” a fund generated outperformance.

Identify key trends

Evaluate trends in purchase prices, leverage multiples, and drivers of value creation across granular deal classifications, including entry year, strategy, industry, geography and more.

Enriched data

Compare pooled and quartile performance by a variety of standardized attributes, including GICS sector/sub-sector, geography, size and stage.

Trusted dataset

As one of the largest allocators in private markets globally, StepStone has developed an informational advantage with access to high quality private market data.

General Partners and Service Providers

Coming soon

Limited Partners

Contact us to learn more