Lincoln Private Market Index Continued to Climb in the First Quarter on the Back of Steady Earnings Growth

CHICAGO--(BUSINESS WIRE)--The Lincoln Private Market Index (LPMI), the only index that tracks changes in the enterprise value of U.S. privately held companies, increased by 1.4% during the first quarter of 2024, as the index climbed to yet another record high. For the 12th consecutive quarter, the index’s growth was primarily driven by positive financial performance rather than multiple expansion. Conversely, the S&P 500’s quarter-over-quarter enterprise value increase of 9.2%, or 7.8% excl