NEW YORK, August 11, 2026 — S&P Dow Jones Indices ("S&P DJI") and Lincoln International today announced an expansion of the S&P Lincoln Senior Debt Index Series, providing enhanced tools for measuring changes to the private loan market. Progressing from quarterly to monthly publication alongside new sub-indices, the series delivers sharper, rules-based benchmarks to investors tracking the fair value and performance of private credit investments across the U.S. and Europe.
The S&P Lincoln Senior Debt Indices combine Lincoln's proprietary valuation data with one of the industry's largest private credit datasets, supported by S&P DJI's expertise in index design, administration and governance. The enhanced series enables investors to analyze performance across more granular market categories, including industry sectors such as industrials, technology and healthcare, as well as categories based on loan size and company earnings, while maintaining the independent, rules-based methodology of the flagship indices. S&P DJI is the sole publisher, calculator, administrator, and licensor of the index family.
"In private credit, better visibility is a strategic advantage," said Cameron Drinkwater, Chief Product & Operations Officer at S&P Dow Jones Indices. "Moving the S&P Lincoln Senior Debt Index Series to monthly reporting gives market participants more timely insight into a fast-growing market that has historically lacked frequent, independent benchmarks."
"Investor expectations for transparency within private markets are at an all-time high," added Ron Kahn, Managing Director and Co-Head of Lincoln International's Valuation and Opinions Group. "By moving to monthly reporting and expanding S&P Lincoln Senior Debt Index Series with sub indices covering key industry sectors and different borrower size categories, we're providing subscribers with more frequent, independent benchmarks that better reflect performance within the direct lending market throughout the year."
S&P DJI and Lincoln International expect to continue expanding the breadth of the index family and developing additional tools that bring greater transparency and benchmarking capabilities to the evolving private markets ecosystem. To learn more about this index, please click here.
For more information about S&P Dow Jones Indices private markets solutions, please visit https://www.spglobal.com/spdji/en/landing/investment-themes/private-markets/.
S&P Global remains focused on delivering comprehensive solutions for investors navigating private markets, through trusted private markets data, analytics, and insights. To learn more, please click here. The expanded index series builds on Lincoln International's longstanding leadership in private market valuations and proprietary market data. Drawing on one of the industry's largest private credit datasets, Lincoln provides independent market insights that help investors benchmark performance, assess risk and better understand evolving private credit markets. For more information about Lincoln International, please visit https://www.lincolninternational.com/.
