Key updates to the IPEV Guidelines: What fund managers need to know for 2026
ArticleExplore the key updates to the 2026 IPEV Guidelines, which clarifies guidance on complex capital structures, debt valuation, convertible instruments and more.
The Financial Times recently broke the news that the FCA is expected to launch a review of private market valuations later in the year. The FCA’s concerns, shared with financial regulators around the world, are based on the current potential for wider market impacts as a result of sudden material value declines in private assets.
You can find out more about the background to the FCA’s review, what best practice looks like in valuations governance, and suggested actions for asset managers in advance, by watching our webinar recording.
Sets out recommendations, intended to represent current best practice, in the valuation of Private Capital Investments
Represents widely used guidance for valuation professionals globally and seeks to underpin consistency, transparency, and confidence in valuations
Provides a regulatory framework for alternative investment fund managers (AIFMs)
Defines fair value for financial reporting purposes in accordance with International Financial Reporting Standards
Find out more about the review, including the likely triggers and who it might focus on; what good valuation and governance processes look like; and the potential outcomes
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Explore the key updates to the 2026 IPEV Guidelines, which clarifies guidance on complex capital structures, debt valuation, convertible instruments and more.
Find out what the FCA’s recent review of valuation processes for private market assets means for pension schemes.
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