An article in French language publication Finyear, published on 9 July, 2025, discusses a new survey of institutional investors and service providers entitled “Fair Value or Fair Guess? Inside the Engines of Infrastructure Valuation” from the EDHEC Infrastructure & Private Assets Research Institute (EIPA) that raises significant questions about valuation practices in the private asset industry. The survey provides clear evidence of variability and inconsistency in valuation practices among investors in unlisted infrastructure assets and highlights the need for stronger governance and standardised valuation protocols to boost transparency, comparability, and investor confidence through clearer guidelines and market-responsive practices:

“L’EDHEC Infrastructure & Private Assets Research Institute (EIPA) publie les résultats de son enquête intitulée « Fair Value or Fair Guess? Inside the Engines of Infrastructure Valuation », menée auprès d’investisseurs institutionnels et de prestataires de services. Le rapport met en lumière des défauts structurels dans les pratiques de valorisation des actifs privés, notamment dans les infrastructures non cotées.”

Read the full article here.