Private Equity Valuation Service Launched

Financial information services company Markit has launched an independent valuation service for investors in private unlisted companies, called Markit Portfolio Valuations – Private Equity. The service includes valuations for equity investments in growth and buy-out stage companies.

Markit Portfolio Valuations – Private Equity satisfies the statutory and policy requirements for independent calculation of prices that will be used for net asset valuations and other key portfolio metrics. The service is aimed at limited partners, banks and fund administrators as well as alternative asset managers, who are required by the Alternative Investment Fund Managers Directive (AIFMD) to ensure that their funds’ assets are independently valued.

Kevin O’Connor, director, Markit Portfolio Valuations, said: “Markit’s private equity valuations service uses a market approach and adjusts for points of difference between the portfolio company and our proprietary database of public peer company factor data. Valuations are standardized and therefore comparable over time and between firms to aid investment decision-making and reporting.”