It was back in June 2005 that two national private equity associations and one regional association – France’s AFIC, the UK’s BVCA and Europe’s EVCA – proudly announced their joint formation of the IPEV Board to govern (and, if necessary, make changes to) the newly developed International Private Equity and Venture Capital Valuation Guidelines.
The valuations shoe that no longer fits
European private debt firms are trying to measure portfolio performance based on a private equity template. No longer will that suffice.
