Key Takeaways
- • Houlihan Lokey (NYSE:HLI) launched the Houlihan Lokey Private Credit DataBank, a proprietary loan-level dataset and analytics platform covering the private credit market.
- • The DataBank draws on observations from more than 60,000 loan valuations generated through the firm's recurring portfolio valuation work, dating to 2017 and updated continuously.
- • Each loan record contains more than 200 standardized data fields spanning terms, covenants, fair value metrics, credit metrics, and borrower financials.
- • The platform targets investor relations teams, valuation professionals, investment professionals, limited partners, and analysts seeking transparency into private credit holdings and benchmarks.
Summary
Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced the launch of the Houlihan Lokey Private Credit DataBank, a proprietary dataset and analytics platform that delivers structured, loan-level insights into the private credit market. According to the firm, the DataBank is built from observations across more than 60,000 loan valuations produced by its recurring portfolio valuation work.
The dataset spans the full range of the direct lending market, from borrowers with less than $20 million in EBITDA to those with more than $100 million, across industries, geographies, and capital structures. It includes both senior and junior debt. Each loan carries more than 200 standardized data fields, covering terms, covenants, issue prices, fair value metrics such as yield, spread and price, credit metrics including leverage, loan-to-value, interest coverage and fixed charge coverage, and borrower financials such as revenue, EBITDA and enterprise value. The dataset dates to 2017 and is updated continuously, providing a consistent time-series view of loan performance across the lifecycle of each loan.
The firm positions the platform for several user groups. Investor relations and fundraising teams can use it to prepare updates and market benchmarking materials; valuation professionals can use it for peer comparisons and fair value analysis; and investment professionals can analyze trends, evaluate deal structures and test strategies against private market data. Limited partners and analysts gain greater visibility into portfolio holdings. The DataBank also offers visibility into new issuance and supports tailored reports by size, sector, capital structure or geography.
Chris Cessna, a Director who helps lead the Private Credit Valuation practice, said the firm built the DataBank "to give clients access to actual loan-level data—not just anecdotes or fund-level data." Dr. Cindy Ma, Global Head of Portfolio Valuation and Fund Advisory Services, said the firm also developed a web-based valuation platform that lets clients run pricing sensitivities, assess how spread and yield changes affect holdings, and export data to internal systems. Dr. Ma added that insights from Houlihan Lokey's Capital Solutions Group, which has raised approximately $28 billion in capital over the past 12 months as of June 30, 2025, help ensure the data and assumptions reflect current market conditions.
The dataset spans the full range of the direct lending market, from borrowers with less than $20 million in EBITDA to those with more than $100 million, across industries, geographies, and capital structures. It includes both senior and junior debt. Each loan carries more than 200 standardized data fields, covering terms, covenants, issue prices, fair value metrics such as yield, spread and price, credit metrics including leverage, loan-to-value, interest coverage and fixed charge coverage, and borrower financials such as revenue, EBITDA and enterprise value. The dataset dates to 2017 and is updated continuously, providing a consistent time-series view of loan performance across the lifecycle of each loan.
The firm positions the platform for several user groups. Investor relations and fundraising teams can use it to prepare updates and market benchmarking materials; valuation professionals can use it for peer comparisons and fair value analysis; and investment professionals can analyze trends, evaluate deal structures and test strategies against private market data. Limited partners and analysts gain greater visibility into portfolio holdings. The DataBank also offers visibility into new issuance and supports tailored reports by size, sector, capital structure or geography.
Chris Cessna, a Director who helps lead the Private Credit Valuation practice, said the firm built the DataBank "to give clients access to actual loan-level data—not just anecdotes or fund-level data." Dr. Cindy Ma, Global Head of Portfolio Valuation and Fund Advisory Services, said the firm also developed a web-based valuation platform that lets clients run pricing sensitivities, assess how spread and yield changes affect holdings, and export data to internal systems. Dr. Ma added that insights from Houlihan Lokey's Capital Solutions Group, which has raised approximately $28 billion in capital over the past 12 months as of June 30, 2025, help ensure the data and assumptions reflect current market conditions.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.