Key Takeaways
- • S&P Global announced on October 22, 2026 expanded AI-powered capabilities across its private markets ecosystem, centered on its iLEVEL platform, which serves more than 700 private markets firms worldwide with over 15 years of experience.
- • iLEVEL now embeds a native iLEVEL Agent and natural-language search, and its new MCP server lets customers connect iLEVEL data to third-party AI tools such as Copilot and Claude while preserving existing permissions and access controls.
- • Integrated valuations with S&P Global Private Market Valuations allow clients to run valuations via self-service software or outsource them to S&P Global experts.
- • New private credit covenant monitoring helps investment teams track compliance against credit agreement terms and flag early signs of deterioration.
- • Performance analytics datasets, launched earlier in 2026 with Cambridge Associates and Mercer (a Marsh business), have been expanded across private credit, real assets and private equity with contributing GPs.
Summary
S&P Global (SPGI) announced on October 22, 2026 a set of expanded AI-powered capabilities across its private markets ecosystem, with iLEVEL, its private markets platform for portfolio monitoring, valuations, reporting and data management, at the center of the expansion. According to the company's press release distributed via PRNewswire, the enhancements are designed to help asset managers and asset allocators work faster across the investment lifecycle.
The centerpiece is AI embedded directly within iLEVEL, including a native iLEVEL Agent that automates data-intensive workflows, AI-powered data ingestion and natural-language search for surfacing portfolio insights. The platform's MCP server allows customers to connect their iLEVEL data and capabilities to external AI tools such as Copilot and Claude, while maintaining existing iLEVEL permissions and access controls. S&P Global describes this as governed, validated data integration for customers who prefer to work in their own AI environments.
On valuations, enhanced integration between iLEVEL and S&P Global Private Market Valuations streamlines the document and data exchanges required for third-party valuation opinions, with results delivered directly within iLEVEL. Clients can run valuations through self-service software or outsource the work to S&P Global experts. iLEVEL also now supports private credit workflows, including covenant monitoring against credit agreement terms.
The company also expanded its performance analytics, which were launched earlier in 2026 in collaboration with Cambridge Associates and Mercer, a Marsh business. The datasets now cover private credit, real assets and private equity, built with contributing general partners, with iLEVEL standardizing, aggregating and anonymizing the GP data. Connectivity across S&P Global has also widened to include Capital IQ insights, WSO, Outreach360 stakeholder engagement, risk and reputational screening, and CLM Pro deal lifecycle workflows.
S&P Global Market Intelligence's Kelly McGeehan, Head of Markets & Regulatory, Enterprise Solutions, said private markets firms increasingly need connected data, analytics and workflows to operate more efficiently and make decisions with confidence. iLEVEL, which the company says supports more than 700 private markets firms and complements its services with outsourced data collection and resourcing, is positioned as the link between customer data and S&P Global's analytics, valuations and AI capabilities.
The centerpiece is AI embedded directly within iLEVEL, including a native iLEVEL Agent that automates data-intensive workflows, AI-powered data ingestion and natural-language search for surfacing portfolio insights. The platform's MCP server allows customers to connect their iLEVEL data and capabilities to external AI tools such as Copilot and Claude, while maintaining existing iLEVEL permissions and access controls. S&P Global describes this as governed, validated data integration for customers who prefer to work in their own AI environments.
On valuations, enhanced integration between iLEVEL and S&P Global Private Market Valuations streamlines the document and data exchanges required for third-party valuation opinions, with results delivered directly within iLEVEL. Clients can run valuations through self-service software or outsource the work to S&P Global experts. iLEVEL also now supports private credit workflows, including covenant monitoring against credit agreement terms.
The company also expanded its performance analytics, which were launched earlier in 2026 in collaboration with Cambridge Associates and Mercer, a Marsh business. The datasets now cover private credit, real assets and private equity, built with contributing general partners, with iLEVEL standardizing, aggregating and anonymizing the GP data. Connectivity across S&P Global has also widened to include Capital IQ insights, WSO, Outreach360 stakeholder engagement, risk and reputational screening, and CLM Pro deal lifecycle workflows.
S&P Global Market Intelligence's Kelly McGeehan, Head of Markets & Regulatory, Enterprise Solutions, said private markets firms increasingly need connected data, analytics and workflows to operate more efficiently and make decisions with confidence. iLEVEL, which the company says supports more than 700 private markets firms and complements its services with outsourced data collection and resourcing, is positioned as the link between customer data and S&P Global's analytics, valuations and AI capabilities.
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