WSJ | New Benchmarks Aim to Pierce Opaque Private Credit Market
Originally published by The Wall Street Journal on February 24, 2026.
Lincoln International’s proprietary indexes have helped bring greater transparency and consistency to private credit benchmarking for nearly a decade. In February 2026, we officially launched the S&P Lincoln Senior Debt Index Series through a strategic collaboration with S&P Dow Jones Indices, offering market participants a reference point to benchmark returns and evaluate risk.
Brian Garfield, Managing Director and Head of U.S. Portfolio Valuations, recently shared additional insights with The Wall Street Journal. As private credit continues to grow into a multi-trillion-dollar asset class, it is crucial that fund managers and investors can compare performance against the broader market.
“As we continue to do more valuations more frequently, we will also collect more information on those portfolio companies,” Brian said.
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