At the UK Institutional LP Summit in London on Thursday 19 February, 2026, Abhishek Gupta, Head of Business and Product at Scientific Infra & Private Assets (SIPA), will be hosting a session on Measuring Alpha in Private Markets: Implications for Institutional LPs. The presentation will discuss:

• Why traditional private market benchmarks fail to distinguish market returns from manager skill
• What “alpha” really means in private equity and infrastructure once risk and market exposure are properly accounted for
• How LPs can evaluate funds and GPs against the private market itself rather than anecdotal peer groups
• Separating strategy allocation effects from true manager value-add in fund performance
• Implications for fund selection, re-ups, and portfolio governance

The UK Institutional LP Summit is a one-day meeting of 100+ accredited institutional investors and family offices based across the UK who gather for a day of insightful panel discussions, presentations, Q&A, and over four hours of networking.

More about the event.