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ari-rajendra

Ari Rajendra

Head of Private Markets Indices, S&P Dow Jones Indices

Ari Rajendra is Head of Private Markets Indices at S&P Dow Jones Indices (S&P DJI). He leads the development and commercialization of benchmarks that bring transparency and structure to private markets, including private equity, private credit and related asset classes.
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Sep 9, 2026

Private Credit Is Evolving, How Are Benchmarks Keeping Pace?

Private credit has become one of the fastest-growing asset classes within global capital markets. In the first half of 2026 alone, private credit fundraising reached USD 190 billion, which is on pace to surpass the 2025 full-year total of USD 240 billion (see Exhibit 1).1 Direct lending has driven much of private credit’s growth, having…

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