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Insights

Opinion pieces from the team, and uses cases covering private markets, infrastructure investment, climate change, social risk, and more.

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EIPA comments on Exposure Draft 94 to the IPSASB

The EDHEC Infrastructure & Private Assets Research Institute (EIPA) has submitted comments to the International Public Sector Accounting Standards Board (IPSASB) on Exposure Draft (ED) 94, Linkages Between IPSAS Standards and the Government Finance Statistics Manual 2014 (Amendments to IPSAS 22). EIPA’s comments draw on research into government accounting for public-private partnership (PPP) guarantees and contingent liabilities, and the role

Featured image for “Strengthening the Superannuation Performance Test: Response to the Treasury Consultation Paper of May 2026”

Strengthening the Superannuation Performance Test: Response to the Treasury Consultation Paper of May 2026

The EDHEC Infrastructure & Private Assets Research Institute (EIPA) has submitted a detailed response to the Australian Treasury Consultation Paper released in May 2026 seeking feedback on a number of proposals to strengthen the superannuation performance test. EIPA’s submission, which focuses primarily on the benchmarking treatment of private assets, is summarised below. Key points EIPA welcomes the opportunity to respond to

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The Exit Test: What a Decade of Realisations Reveals About Valuation Accuracy

An analysis of 333 private equity and infrastructure exits finds that reported valuations systematically understate realised exit prices, raising important fair value, fiduciary and regulatory questions.

Featured image for “Comments to the US Department of Labor on Proposed Rule concerning Fiduciary Duties in Selecting Designated Investment Alternatives (RIN 1210-AC38)”

Comments to the US Department of Labor on Proposed Rule concerning Fiduciary Duties in Selecting Designated Investment Alternatives (RIN 1210-AC38)

The EDHEC Infrastructure & Private Assets Research Institute (EIPA) has submitted detailed comments to the US Department of Labor on Fiduciary Duties in Selecting Designated Investment Alternatives (RIN 1210-AC38). As private market access continues to expand, ensuring that investment decisions are supported by credible, comparable and evidence-based measures remains essential for long-term investor protection and sound fiduciary oversight. In its

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Private Asset Valuation: Comparative Regulatory Briefing

Private asset valuation is no longer being treated as a back-office technicality. Regulators are increasingly addressing it as a front-line investor-protection, market-integrity and product-governance issue.

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How to Control the New Infrastructure Cycle: Where Investors Really Create Value

From energy transition to digital infrastructure: how private infrastructure is reshaping the playing field of risk, appreciation and opportunities for institutional investors. Infrastructure is developing faster than ever. The boundaries between traditional and new infrastructure assets are shifting due to the energy transition, digital connectivity and changing regulation. What once seemed like a relatively stable, contract-driven asset class today requires