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PitchBook Expands Global Capital Market Data Coverage with Over 20,000 New Private Credit Transactions

5 months ago

PitchBook, a leading financial data provider for private and public equity and credit markets, has significantly enhanced its data coverage in the latest bi-annual update. The company, headquartered in Seattle, now boasts the most extensive private credit deal database, having added over 20,000 transactions in the past six months. This expansion brings the total number of private credit deals to more than 65,000, a crucial resource for investors in a rapidly evolving market. Peter Escher, Chief Data Operations Officer at PitchBook, emphasized the transformative power of accurate and timely data, especially during periods of market uncertainty. He highlighted the company's commitment to continually refining and expanding its Data Operations to offer unique and essential information. PitchBook’s robust data operations infrastructure, featuring over 1,800 global researchers and advanced technology, supports more than 100 proprietary processes to ensure the highest standards of accuracy, transparency, and comprehensiveness. Key additions to PitchBook's data include: 7,084 Limited Partners 34,707 Fund Commitments 47,984 Investors 18,008 Funds 197,475 Fund Returns 1,611,291 Companies 290,831 Deals 23,374 Private Credit Deals 29,033 Valuations 2,210,314 Financial Data Points 11,244 Service Providers These enhancements provide users with a holistic view of market activities, enabling them to make well-informed decisions and identify new investment opportunities. The PitchBook platform integrates data across various financial metrics, offering insights into multiple sectors including venture capital, private equity, leveraged loans, real estate, and more. This comprehensive dataset spans nearly 6 million companies, 2.7 million investments, 570,000 investors, 56,000 limited partners, 147,000 funds, and 4.4 million individuals. PitchBook’s data collection process is highly sophisticated, starting with trigger events like news articles, client requests, regulatory filings, or information from over one million web crawlers. These triggers feed into a secondary data operations team for quality assurance and refinement using more than 100 proprietary processes. AI accelerates this workflow, and the primary research team then verifies the data through direct contacts with industry professionals. Over the past five years, the Data Operations team has dedicated over 10 million hours to collecting, vetting, and verifying data. Founded in 2007, PitchBook operates globally with more than 3,000 team members and serves over 100,000 professionals worldwide. The company’s platform and research offerings are bolstered by its acquisition by Morningstar in 2016, under which it operates as an independent subsidiary. Industry insiders laud PitchBook’s latest enhancements, noting that its expanded data coverage and robust verification processes set a new standard for financial data providers. This move solidifies PitchBook’s position as a premier source of capital market insights, aiding professionals in navigating complex market conditions and making strategic investments.

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PitchBook Expands Global Capital Market Data Coverage with Over 20,000 New Private Credit Transactions | Headlines | HyperAI