SPI Benchmarking allows investors to leverage StepStone’s vast proprietary data to identify trends within the private markets, summarizing deal-level performance, operating metrics, legal terms, and more.
Suite of benchmarking solutions
Deal-level
Deal-level benchmarking allows for apples-to-apples comparisons without the impacts of fund-level economics.
Operating metrics and value creation
Operating metrics including purchase price multiples, leverage multiples and equity contributions and value creation analysis (e.g., % of value created from revenue growth, margin expansion, multiple expansion, etc.).
Fund terms
Compare legal terms (mgmt. fee, carried interest, GP commitment, etc.) and filter by strategy, sub-strategy, region, vintage, fund size.
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.
Better understand performance
Identify strengths, weaknesses and differentiators for GP track records, comparing them to their peers on a more apples-to-apples basis without the impact of fund-level economics, making it possible to explain “the why” a fund generated outperformance.
Indentify 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.
Broad dataset
As one of the largest allocators of private market capital in the world, StepStone has developed an informational advantage with uncommon access to private market data.
Enriched data
Compare pooled and quartile performance by a variety of standardized attributes, including GICS sector, geographies, size and stage.
General Partners
SPI Benchmarking can provide general partners with deeper insights into their portfolios