The International Private Equity and Venture Capital Valuation (IPEV) Guidelines provide a widely accepted framework for valuing unquoted investments on a fair value basis, especially for funds reporting under IFRS or similar standards. They set out when to use market multiples, recent transaction prices, DCF or milestone-based approaches, and how to adjust for control, liquidity and performance. For GPs, LPs, auditors and regulators, working to IPEV improves comparability across portfolios and reduces disputes over NAVs. Consultants supporting valuation under IPEV will gather market evidence, challenge management projections, benchmark peers and document judgements so that the valuation stands up to review. This is particularly important in volatile markets or when portfolio companies have limited observable transactions. In short, IPEV brings consistency, transparency and governance to private investment valuation.
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IPEV Guidelines: What it actually means?
