Bone of contention
07.04.2025 – Articles
Private market valuations have been under attack, and the industry is – perhaps unsurprisingly – defending its practices. Whichever way you look at it, the highly contentious topic will continue to steal focus as the public/private convergence continues.
Over the past two years, private market valuations have been investigated and reviewed by pretty much every regulatory and supervisory body the world over. In the US, the SEC maintains valuations as one of its key priorities in examinations, while the Luxembourg regulators – previously unperturbed by the matter, are now also lasering in on valuations.
The most recent valuations review came from the FCA, but the UK regulator’s report follows in the footsteps of many others.
A litany of regulatory reviews
In March 2025, the FCA’s review of private market valuations found room for improvement, which it said is ‘particularly important with growing retail investor exposure to private assets.