This supplement highlights shortcomings in the valuation of infrastructure assets and suggests improvements, presents an innovative model based on real transaction data for private company valuation, explores underlying risk factors in private equity, and assesses the impact of fund scale on performance.
IPE Supplement: EDHEC Infrastructure & Private Assets Research Insights
In this supplement, we identify governance gaps in infrastructure asset pricing and propose reforms, introduce a dynamic, transaction-based valuation model, examine systematic risks in private equity, and analyse how fund size influences performance.
Fair Value or Fair Guess? Inside the Engines of Infrastructure Valuation
The valuations of unlisted assets anchor everything from capital-allocation and risk-management decisions and regulatory reporting. Yet, despite the principles-based guidance of IFRS 13, ASC 820, and the IPEV Guidelines, day-to-day practice remains opaque and highly discretionary. A recent paper from EDHEC Infra & Private Assets provides the first large-scale empirical portrait of those practices. Drawing on a global survey of … Read More
Fair Value or Fair Guess? Inside the Engines of Infrastructure Valuation
This study reveals opaque and inconsistent valuation practices for unlisted assets, marked by conservatism, fragmented methodologies, and weak governance. It calls for tighter alignment with market prices to enhance transparency and oversight.
IPE Supplement: EDHECInfra & Private Assets Research Insights
In this supplement, we analyse ESG risks and their consequences for investors, assess the investment impact of climate risk on global infrastructure, and share our latest research findings on infrastructure investment portfolio construction and risk management.
P&I Supplement: Research for Institutional Money Management
We examine ESG risks and their implications for the investment community, the investment impact of climate risk on global infrastructure, and present our latest research insights into infrastructure investment portfolio construction and risk management.