Richard LaBelle
Senior Associate, Private Market Indices, S&P Dow Jones Indices
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Senior Associate, Private Market Indices, S&P Dow Jones Indices
Ricky LaBelle is a Senior Associate, Private Market Indices at S&P Dow Jones Indices (S&P DJI), where he covers private market indices.
Prior to joining S&P DJI in August 2022, Ricky worked in S&P Global Market Intelligence, joining through the merger with IHS Markit. While at IHS Markit, he supported the pricing, valuations, reference data and indices business in North America.
Ricky holds a Bachelor of Arts degree in economics from Bates College.
The private credit market has seen significant growth in response to regulatory shifts, pursuit of yield and increased awareness of its unique characteristics. A previous blog explored its rise, and in this post, we will analyze private credit’s comparative performance, consistency and correlation to public markets—particularly broadly syndicated loans (BSL), which share private credit’s illiquidity…
In this blog, we summarize annual returns for a collection of private market benchmarks and frame recent performance against that of public market benchmarks.1 Private Equity and Venture Capital Venture Capital faced severe headwinds relative to Private Equity in 2023. Through the first three quarters, Venture Capital funds from the U.S., Europe and Asia/Pacific largely…