Stepstone Group, Kroll launch Private Credit Benchmarks

Kroll and StepStone Group (STEP) announced the launch of the Kroll StepStone Private Credit Benchmarks. A new industry standard, the Benchmarks enable more robust and rigorous valuation and provide an unmatched level of intelligence into the asset class’s investment characteristics. The private credit Benchmarks are a result of an industry-first collaboration, built using loan-level data and information from more than 15,000 deals, as opposed to fund-level aggregates or modeled estimates. Developed with the long-standing and data-driven private markets expertise of Kroll and StepStone Group, the Benchmarks deliver more timely, reliable and actionable insights, on an anonymized basis, which are essential to the accelerated growth of private investment markets.