An Overview of the Lincoln Private Market Index
Feb 2023
The Lincoln Private Market Index (f/k/a Lincoln Middle Market Index), is the only index that tracks changes in the enterprise value of U.S. privately held companies—primarily those owned by private equity firms.
View the Q4 2022 LPMI Report | View the Q4 2022 LPMI Press Release | View the LPMI Methodology
Explore previous issues below:
- Q3 2022 Lincoln PMI Report
- Q2 2022 Lincoln PMI Report
- Q1 2022 Lincoln PMI Report
- Q4 2021 Lincoln PMI Report
- Q3 2021 Lincoln PMI Report
- Q2 2021 Lincoln MMI Report
- Q1 2021 Lincoln MMI Report
- Q4 2020 Lincoln MMI Report
- Q3 2020 Lincoln MMI Report
- Q2 2020 Lincoln MMI Report
- Q1 2020 Lincoln MMI Report
- Q4 2019 Lincoln MMI Report
- Q3 2019 Lincoln MMI Report
- Q2 2019 Lincoln MMI Report
- Q1 2019 Lincoln MMI Report
- Q4 2018 Lincoln MMI Report
- Q3 2018 Lincoln MMI Report
- Q2 2018 Lincoln MMI Report
- Q1 2018 Lincoln MMI Report
- Q4 2017 Lincoln MMI Report
- Q3 2017 Lincoln MMI Report
Summary
-
The Valuations & Opinions Group at Lincoln International publishes quarterly index that provides a unique measurement of changes in enterprise value of private middle market companies.
- Provides a key benchmarking tool for private equity sponsors and institutional investors.
-
Featured in:
- Click here to explore Lincoln's Senior Debt Index which tracks the fair market value of 500+ middle market, direct lending credit investments every quarter across approximately 100 fund clients.
- Sign up to receive Lincoln's perspectives
Meet our Senior Team in Valuations & Opinions
Related Perspectives

Regulatory Compliance Watch | In-person Exams Resume
Originally posted by Regulatory Compliance Watch on March 3, 2023. The SEC plans to increase its on-site interactions with regulated entities but will continue to conduct remote examinations when applicable.… Read More

Private Equity International | How Private Equity Valuations Measure Up
Originally posted by Private Equity International on February 28, 2023. Private equity firms have been navigating market volatility for the past 12 to 18 months, and public market valuations have… Read More

Private Equity International | Covenant Breaches Trend Upward as GPs Navigate Uncertainty
Originally posted by Private Equity International on February 22, 2023. According to the Lincoln PMI (LPMI), private equity (PE) firms and their portfolio companies are becoming increasingly concerned about financial… Read More

Lincoln International’s Global Valuations & Opinions Group team grew by nearly 50% in 2022 and expects continued momentum in 2023
Lincoln International’s global Valuations & Opinions Group materially expanded its services across portfolio valuations and transaction opinions in 2022. Portfolio valuation services were up more than 50% from 2021 across… Read More