Kroll and StepStone Group Launch Private-Credit Benchmarks Service

Kroll and StepStone Group have created private-credit benchmarks to provide transparency and risk mitigation for investors in the direct-lending market. The benchmarks analyze over 15,000 deals across the US and Europe since 2012, with the US accounting for 80% of the deals. The firms are offering a service that allows clients to build customized indexes using filters such as region, value, and collateral type.

StepStone Group Inc. and Kroll have collaborated to introduce private-credit benchmarks, aiming to enhance transparency and risk mitigation for investors in the direct-lending market. The new benchmarks analyze over 15,000 deals across the US and Europe since 2012, with the US accounting for 80% of the deals [1]. This initiative allows clients to build customized indexes using various filters such as region, value, and collateral type.

The private-credit market has seen significant growth in recent years, with investors seeking alternatives to traditional lending channels. The new benchmarks provide a comprehensive overview of the market, enabling investors to make more informed decisions. By offering customized indexes, StepStone Group and Kroll cater to the diverse needs of their clients, allowing them to tailor their portfolios to specific risk profiles and investment objectives.

The collaboration between StepStone Group and Kroll leverages the strengths of both firms. StepStone Group, a private markets investment firm, focuses on providing customized investment solutions and advisory services. Kroll, a global provider of risk management, investigation, and compliance solutions, brings expertise in data analysis and risk assessment. Together, they offer a robust platform for investors to navigate the complexities of the private-credit market.

The introduction of these benchmarks aligns with broader trends in the financial industry, where data-driven insights and transparency are increasingly valued. By providing detailed insights into the direct-lending market, StepStone Group and Kroll are helping to foster a more informed and resilient investment environment.

References:
[1] https://www.marketscreener.com/news/stepstone-aims-to-raise-7-billion-across-two-secondaries-funds-bloomberg-news-ce7d59dbdd88f222