Valuation advisory services for private markets

Valuations that stand up to scrutiny

Private market valuations are complex – and under increasing pressure. Investors want transparency, regulators expect clear governance, and boards need confidence that values are fair, consistent and defensible. 

IQ-EQ helps fund managers, investors and corporate clients meet these expectations with independent valuation advisory services backed by deep private markets expertise, reliable market data and technology-enabled delivery. 

Speak to a valuation specialist about your next valuation deadline.

865+

valuation engagements delivered each year

165+

funds supported

Independent from audit services

Experience across private equity, private debt, real estate, infrastructure, venture capital, impact investments and evergreen fund structures

France-based valuation centre of
excellence for Europe, the Middle East and Africa (EMEA)

We support valuation needs across the full legal ownership structure, from operating entities to holding companies and personal investment vehicles. Our work helps clients manage governance, reporting, regulatory and transaction requirements with confidence. 

Our reports are prepared in line with recognised international standards, including the International Private Equity and Venture Capital Valuation (IPEV) Guidelines and the International Valuation Standards Council (IVSC) framework. 

We combine strategic analysis, economic assessment, market comparables analysis, sector insights and financial modelling to determine fair market value in a wide range of situations.

Who we support 

  • Fund managers needing independent valuations for reporting, governance and investor communications 
  • Alternative Investment Fund Managers managing Article 19 valuation requirements 
  • Investors seeking a clearer view of complex or hard-to-value assets and reassurance for banks 
  • Boards and management teams preparing for transactions, reorganisations or capital raises 
  • Corporate clients needing accounting, tax or regulatory valuation

Our valuation advisory specialists provide practical, independent support across four core areas. 

AIFMD valuations

We support alternative investment fund managers (AIFMs) with valuation advisory services aligned to Article 19 of Directive 2011/61/EU, better known as the Alternative Investment Fund Managers Directive (AIFMD). 

  • Independent valuation of assets and securities as an external valuer 
  • Independent private debt portfolio valuations 
  • Secondment of an independent valuer 

Fairness opinions and transaction support

We provide independent assessments to support transactions, governance requirements and stakeholder decision-making. 

  • Fairness opinions 
  • Transfer of investments between funds managed by the same management company 
  • Valuation of equity and assets held by companies with minority stakeholders 
  • Independent transaction support 

Financial modelling and performance analysis

We build and review valuation models to support investment decisions, reporting and portfolio performance analysis. 

  • Financial valuation modelling 
  • Reconciliation of investment performance, including internal rate of return (IRR), multiples and other performance metrics 
  • Portfolio performance analysis 
  • Independent model reviews 

Regulatory, accounting and tax-related valuations

We help clients address valuation requirements linked to accounting, regulation and tax. 

  • Impairment testing 
  • Purchase price allocations (PPAs) 
  • Regulatory valuation assignments 
  • Tax-related valuation assignments 
  • Fair value assessments for accounting purposes (e.g. contribution in kind)

When to speak to us 

  • You’re preparing your licensing application with the regulator 
  • You’re dealing with complex, illiquid or hard-to-benchmark assets 
  • Investors, auditors or regulators are asking tougher questions 
  • You need independent support for a transaction, fund transfer or reorganisation 
  • Your internal team is stretched and needs specialist support 
  • You want a second opinion before board, investor or regulatory reporting 

Why independent valuations matter now 

Meeting AIFMD requirements

We provide AIFMs with independent valuation support aligned to regulatory requirements and industry best practice 

Managing increasing portfolio complexity

We provide valuations for private equity, private debt, infrastructure, venture capital, impact and evergreen strategies across multiple structures and jurisdictions, applying valuation models tailored to the specific characteristics of each asset class or instrument* 

*For France only

Reducing conflicts of interest

We don’t provide audit services, helping clients access genuinely independent valuation support 

Achieving consistent reporting across structures

We apply clear, consistent methodologies across operating companies, holding companies, fund structures and personal investment vehicles 

Responding to investor and regulator scrutiny

We produce comprehensive, transparent and auditable reports that are aligned to recognised international standards and explain the method, data, assumptions and judgement behind the valuation 

Navigating cost pressures

We combine specialist expertise with an agile delivery model, providing high-quality valuation services at competitive and transparent pricing 

Improving speed and efficiency

We use reliable market data, digital workflows, automation and artificial intelligence (AI)-assisted processes to support efficient delivery 

Independent by design 

Independence sits at the centre of our valuation offering. We don’t provide audit services. This helps us deliver objective valuations that can stand up to scrutiny from investors, regulators, boards and other stakeholders. 

Private markets expertise 

Our specialists understand the assets, structures and reporting demands that shape private markets. We support clients across private equity, private debt, real estate, infrastructure, venture capital, impact investments and evergreen funds. 

Centre of excellence model 

Our France-based valuation centre of excellence supports consistent methodologies, strong governance and independent oversight across the EMEA region. 

Data-led, technology-enabled delivery 

We combine expert judgement with leading data sources, including PitchBook, Bloomberg and S&P Capital IQ. We also use digital workflows, automation and AI-assisted processes to improve consistency, efficiency and reporting timelines. 

Connected support across the investment lifecycle 

As part of IQ-EQ’s wider investor services platform, our valuation team works alongside fund administration, corporate services and regulatory compliance specialists. This gives clients joined-up support across the investment lifecycle. 

Céline Vidal, Head of Valuation Services, IQ-EQ: “In private markets, a strong valuation is not just a number. It needs clear evidence, sound judgement and a process that investors and governance teams can trust.” 

Ready for a clearer, more defensible valuation process? 

If you’re preparing for a reporting cycle, reviewing a complex asset or responding to investor scrutiny, our Valuation Advisory Services team can help you decide the right next step. 

Speak to a valuation specialist today to discuss your requirements. 

Frequently asked questions 

What are independent valuation services?

Valuation advisory services provide an objective and auditable assessment of an asset, company, fund interest or portfolio. They help clients support reporting, governance, regulatory, accounting, tax and transaction needs. 

When does an AIFM need valuation support?

An alternative investment fund manager (AIFM) needs valuation support for annual valuation requirements, complex or hard-to-value assets, independent review, transaction activity, investor reporting or regulatory scrutiny. 

What standards does IQ-EQ use?

Our reports are prepared in line with recognised international standards, including the International Private Equity and Venture Capital Valuation (IPEV) Guidelines and the International Valuation Standards Council (IVSC) framework. 

Why is independence important in valuation?

Independence helps reduce conflicts of interest. It also gives investors, regulators and boards more confidence that the valuation is objective, well supported and clearly explained. 

How does technology improve the valuation process?

Technology can make the process faster and more consistent. It supports data collection, workflow management, model checks, evidence gathering and reporting. Expert judgement remains central to every valuation. 

Why are our valuation services provided by IQ-EQ France?

While we’re able to offer valuation advisory services to clients in multiple jurisdictions, service delivery is led by our French business as IQ-EQ France is our primary centre of excellence for this service line. Valuation advisory services are provided directly by contracting with IQ-EQ France on an independent basis.  The team has deep, focused expertise in private markets valuations and significant experience supporting clients throughout EMEA.

Working with IQ-EQ has been seamless – you and your team understand our business, advise us appropriately, and handle your side of our collective partnership so that we can focus on making good investment decisions. Evan Gibson SVP, Merchants Capital

Get in touch with us today

We’re ready to listen.

Make an enquiry

Interested in joining our team?

We are always on the lookout for passionate people that possess IQ and EQ to join our growing team.

View job vacancies