S&P Global, Cambridge Associates and Mercer Launch Private Markets Performance Datasets for Private Credit and Real Assets

Rhea-AI Summary

S&P Global (NYSE: SPGI) launched the S&P Global, Cambridge Associates, Mercer Private Markets Performance Analytics datasets on March 31, 2026.

The initial release delivers standardized, anonymized datasets for private credit and real assets, covering thousands of funds and assets via the iLEVEL platform; private equity and other asset-class datasets will follow later in 2026.

Positive

• Thousands of funds and underlying assets standardized and aggregated
• Collaborative launch with Cambridge Associates and Mercer
• Global availability of private credit and real assets datasets via iLEVEL

Negative

• Private equity and other asset-class datasets delayed until later in 2026
• Data feed APIs and integrated software are not included in the initial release

News Market Reaction – SPGI

-0.04%

-0.04% Session close to close

In the Apr 1 session, SPGI declined 0.04%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement expands SPGI’s private markets capabilities through standardized performance datas...

Analysis

This announcement expands SPGI’s private markets capabilities through standardized performance datasets for private credit and real assets, developed with Cambridge Associates and Mercer. It builds on a collaboration launched in 2025 and leverages the iLEVEL platform and a proprietary taxonomy. Investors may watch client uptake, planned extensions to private equity later in 2026, and how these datasets integrate with existing portfolio monitoring and risk tools alongside upcoming events like the scheduled Q1 2026 earnings release.

Key Figures

Collaboration launch year: 2025 Launch date: March 31, 2026 Coverage breadth: Thousands of funds +1 more

4 metrics

Collaboration launch year 2025 Year collaboration for Private Markets Performance Analytics was introduced

Launch date March 31, 2026 Announcement date of private markets performance datasets

Coverage breadth Thousands of funds Initial datasets span thousands of private credit and real assets funds

Follow-on launch timing Later in 2026 Planned release timing for private equity and other asset class datasets

Historical Context

5 past events · Latest: Mar 26 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 26	Earnings call schedule	Neutral	+1.0%	Announced timing of Q1 2026 earnings release and conference call.
Mar 25	Investor day, separation	Positive	-0.7%	Planned Mobility Global Investor Day ahead of mid-2026 separation.
Mar 20	Energy outlook report	Neutral	-0.4%	Released energy futures report on AI demand and geopolitics.
Mar 19	CERAWeek conference update	Neutral	-0.1%	Highlighted CERAWeek 2026 program and keynote participation.
Mar 18	Bank rankings release	Neutral	-1.5%	Published 2025 rankings of U.S. community banks and credit unions.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent SPGI news has often led to mild price moves, with one notable divergence where a seemingly positive strategic event coincided with a modest share decline.

Recent Company History

Over recent months, SPGI has issued a steady stream of strategic and franchise-building announcements. An earnings call and webcast were scheduled for April 28, 2026, and an inaugural Investor Day for the Mobility division was set for May 12, 2026 ahead of a planned separation. The company also released thematic energy-transition research and promoted its CERAWeek 2026 conference. In financial services, it published 2025 rankings of top-performing U.S. banks and credit unions. Today’s launch of private markets performance datasets fits this pattern of expanding data, analytics and investor-focused solutions.

Key Terms

private credit, real assets, limited partners, general partners, +4 more

8 terms

private credit financial

"data across thousands of funds and their underlying assets in private credit and real assets."

Private credit is a form of borrowing where companies or organizations obtain loans directly from private lenders rather than traditional banks or financial markets. It often involves customized financing arrangements that are not traded publicly, making it a way for businesses to access funding outside of standard channels. For investors, private credit offers the potential for higher returns, but typically comes with increased risk and less liquidity compared to more conventional investments.

real assets financial

"data across thousands of funds and their underlying assets in private credit and real assets."

Real assets are physical, tangible things of value such as land, buildings, infrastructure, natural resources and commodities. For investors they matter because, unlike a promise on paper, these assets often produce steady cash flow (rent, tolls, commodity sales), tend to hold value when prices rise broadly, and act like a ballast in a portfolio—similar to owning a house rather than a bank balance when you want something that still has use and resale value.

limited partners financial

"The datasets empower both limited partners (LPs) and general partners (GPs) to analyze performance"

Limited partners are investors who provide most of the capital to an investment partnership but do not run its day-to-day business; they have liability only up to the amount they invested. Think of them as silent backers who hire a manager to make decisions and share in profits or losses; their importance to investors lies in shaping how much money a fund can deploy, the risk and return profile they receive, and the liquidity and fees associated with that investment.

general partners financial

"The datasets empower both limited partners (LPs) and general partners (GPs) to analyze performance"

General partners are the people or firms that run and make day-to-day decisions for a partnership or investment fund, taking primary responsibility for its operations and obligations. They matter to investors because they control strategy, bear more legal and financial risk than passive backers, and their skill and incentives largely determine returns—think of them as the fund’s captain who both steers the ship and shares in the voyage’s upside and downside.

portfolio monitoring platform technical

"Powered by S&P Global's iLEVEL portfolio monitoring platform, the datasets leverage"

A portfolio monitoring platform is an online tool that organizes and tracks an investor’s holdings, showing real-time values, overall performance, income and risk across different accounts in one place. Like a car dashboard for investments, it turns many scattered numbers into clear gauges and alerts so investors can spot problems, compare choices, and make timely decisions about buying, selling or rebalancing. This matters because faster, clearer information helps protect returns and manage risk.

taxonomy technical

"leverage a new, proprietary private markets taxonomy to standardize, aggregate and anonymize data."

A taxonomy is a structured classification system that groups items—such as assets, products, risks or clinical conditions—into consistent categories based on shared characteristics. For investors it matters because it makes disclosures and data comparable, highlights where capital is concentrated or exposed, supports regulatory compliance and decision-making, and acts like a library catalog that helps you quickly find, compare and evaluate parts of a complex market or portfolio.

alpha financial

"our clients will be able to identify alpha opportunities faster and deploy capital with conviction."

Alpha is the extra return an investment or fund earns above what would be expected from overall market moves or a chosen comparison index; think of it as how much a chef’s unique recipe outperforms a standard cookbook dish. Investors use alpha to judge whether a manager’s decisions or a strategy are adding value beyond luck or general market trends, with positive alpha indicating outperformance and negative alpha showing underperformance.

View in glossary

data feed apis technical

"Future releases will include data feed APIs and integrated software solutions."

Software interfaces that deliver continuous streams of market information—such as prices, volumes, news headlines and corporate filings—directly into trading platforms, analytics tools and investor dashboards. They matter to investors because the speed, completeness and reliability of these feeds determine how quickly you see market moves, execute trades and monitor positions; think of them as the plumbing that supplies fresh data to all your investment tools.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Standardized datasets transform fragmented private markets data into comparable intelligence for investors

NEW YORK, March 31, 2026 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced the launch of the S&P Global, Cambridge Associates, Mercer Private Markets Performance Analytics datasets, the first release from the collaboration introduced in 2025. The datasets – developed in collaboration with Cambridge Associates and Mercer, a Marsh Business ("Mercer") – are designed to help investors compare performance, manage risk, underwrite deals and determine portfolio impacts. The initial release delivers comprehensive, standardized data across thousands of funds and their underlying assets in private credit and real assets. Datasets for private equity and other asset classes will follow later in 2026.

Powered by S&P Global's iLEVEL portfolio monitoring platform, the datasets leverage a new, proprietary private markets taxonomy to standardize, aggregate and anonymize data. The datasets empower both limited partners (LPs) and general partners (GPs) to analyze performance, identify trends and inform allocation decisions.

"As private markets evolve, the need for consistent, decision-ready intelligence has never been greater," said Saugata Saha, President of S&P Global Market Intelligence and Chief Enterprise Data Officer of S&P Global. "This collaboration brings a more rigorous, standardized approach to the private markets ecosystem, transforming fragmented information into comparable intelligence that investors can use to assess performance, evaluate risk and make more disciplined investment decisions."

S&P Global, Cambridge Associates, Mercer Private Markets Performance Analytics will enable investors to:

• Compare performance across similar investments with consistent, standardized metrics
• Help understand and manage risk through comprehensive market, sector and deal-level data
• Determine portfolio impact from market events with greater speed and confidence
• Access actionable intelligence on asset valuation trends, fundraising dynamics and deal activity

"As experienced investors in private markets, we have long believed that powerful data leads to more informed insights and better decision making," said Andrea Auerbach, Global Head of Private Investments at Cambridge Associates. "Adding solutions that keep pace with the rapidly evolving private markets landscape further strengthens our abilities to provide our clients with new insights and position client portfolios for long-term success."

"As private markets grow and the number of managers proliferate, it's more important than ever that investors have access to comprehensive performance data," said Rob Ansari, Global Head of Analytics and Portfolio Solutions at Mercer, a Marsh business. "Better data leads to better decisions, and we are committed to bringing best-in-class data to all of the portfolios we advise and manage. With institutional-grade insights at their fingertips, our clients will be able to identify alpha opportunities faster and deploy capital with conviction."

The private credit and real assets datasets are now available globally to investors. Use cases include portfolio performance monitoring, risk management, asset allocation decisions, fundraising analysis and competitive insights — supporting investment teams, risk managers and senior leadership at LP and GP organizations. Future releases will include data feed APIs and integrated software solutions.

To learn more about S&P Global Cambridge Associates Mercer Private Markets Performance Analytics, visit here.

For additional information about S&P Global's comprehensive suite of private markets solutions, including private company data, valuations, risk analytics and portfolio management services, visit here.

Media Contacts:

Erina Aoyama
S&P Global Market Intelligence
+1 917-755-7943
erina.aoyama@spglobal.com

Orla O'Brien
S&P Global
+1 857-407-8559
orla.obrien@spglobal.com

About S&P Global

S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive in a rapidly changing global landscape.   

From helping our customers assess new investments across the capital and commodities markets to navigating the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world's leading organizations to unlock opportunities, solve challenges, and plan for tomorrow – today. Learn more at www.spglobal.com  

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/sp-global-cambridge-associates-and-mercer-launch-private-markets-performance-datasets-for-private-credit-and-real-assets-302728821.html

SOURCE S&P Global

FAQ

What did S&P Global (SPGI) announce on March 31, 2026 about private markets datasets?

S&P Global announced a new private markets performance dataset collaboration with Cambridge Associates and Mercer. According to S&P Global, the initial release standardizes and anonymizes data for private credit and real assets across thousands of funds to help investors compare performance.

Which asset classes are included in the initial SPGI private markets datasets and when will others arrive?

The initial release covers private credit and real assets only. According to S&P Global, datasets for private equity and other asset classes are planned to follow later in 2026, expanding coverage beyond the first release.

How can investors use the S&P Global private markets performance datasets (SPGI)?

Investors can use the datasets for performance comparison, risk management, and portfolio impact analysis. According to S&P Global, use cases include fundraising analysis, allocation decisions, and monitoring across LP and GP organizations.

Are the new SPGI datasets available globally and through which platform?

Yes, the private credit and real assets datasets are available globally. According to S&P Global, the datasets are powered by the iLEVEL portfolio monitoring platform and use a proprietary private markets taxonomy for standardization.

Will S&P Global provide APIs or software integrations for the new private markets datasets (SPGI)?

APIs and integrated software are planned but not part of the initial launch. According to S&P Global, future releases will include data feed APIs and integrated software solutions to support broader delivery and integration.