28 October, 2026
CEPRES today announced a major milestone for Market Intelligence, with coverage now exceeding 20,000 private market funds and 198,000 deals — expanding the evidence investment teams can use to benchmark managers, test assumptions and understand what is actually driving returns.
The milestone comes at a critical point for private markets.
Exit conditions remain challenging, holding periods have stretched, capital is becoming more selective and investors are placing greater scrutiny on where returns actually come from. At the same time, investment teams are still being asked to make allocation, manager-selection, pricing and portfolio decisions in a market where disclosure is limited, reporting standards vary and pricing is far less transparent than in public markets.
The risk is no longer simply having too little data. It is having enough data to feel confident — but not enough to see what you are missing.
A headline IRR cannot tell an investment committee whether performance came from revenue growth, margin improvement, leverage, multiple expansion or a handful of exceptional deals. A broad benchmark cannot show whether a manager is genuinely outperforming comparable peers. And fund-level performance alone cannot reveal the pricing, risk and operating performance underneath the return.
CEPRES Market Intelligence is built to answer those questions.
With more than 20,000 funds and 198,000 deals, investment teams can construct relevant peer groups and move from asking who outperformed to understanding why.
CEPRES combines fund-level performance with the underlying deals, cash flows, transaction characteristics and operating-company metrics that produced it. Market Intelligence captures more than 280 data points, spanning fund and deal performance, cash flows, IRR, MOIC, DPI, RVPI, revenue, EBITDA, pricing multiples, risk measures and other operating metrics.
That depth allows investors to interrogate the questions that determine whether capital should move:
Is this manager genuinely outperforming relevant peers? Were returns created through operating improvement or multiple expansion? How does entry pricing compare with similar historical investments? Are losses and recoveries consistent with the strategy being underwritten? And are today’s assumptions supported by what actually happened across comparable funds and deals?
Market Intelligence enables analysis across performance and time series, pricing multiples and enterprise-value creation — including the impact of revenue growth, margin improvement and multiple movement.
The difference starts with the underlying evidence.
CEPRES sources its data directly from primary data owners and applies cleaning, standardisation, confidentiality protection and continuous monitoring before incorporating it into market analysis. The dataset brings together gross and net fund cash flows, deal-level cash flows and returns, and asset operating metrics — giving users visibility beyond headline fund performance.
Investors are also not limited to accepting a generic market average. Market Intelligence enables users to define the comparison that matches the decision, filtering funds and deals across dimensions including strategy, geography, industry, vintage, investment year and size. Keyword and Boolean search can be combined with structured filters to create more targeted thematic and cross-industry peer groups.
For LPs, that means stronger evidence for asset allocation, manager selection, due diligence, portfolio monitoring and exit decisions. For GPs, it means a clearer view of market positioning, strategy, pricing, performance differentiation and investor communication.
20,000+ funds and 198,000+ deals is therefore more than a coverage milestone. It expands how precisely investors can challenge a manager, benchmark a strategy and test an investment thesis against what has actually happened in the private markets.
When exits are harder, capital is more selective and every source of value creation matters, knowing that a manager outperformed is no longer enough.
Investors need to know why.
Bring CEPRES the manager, strategy or investment question you are evaluating. Request a Market Intelligence demonstration and see what the relevant market evidence says: https://cepres.com/contact
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