
Join us on 26 June, 2025 at 10.00am BST / 5.00pm SGT for our latest “Blitzinar” bringing you key insights in 15 minutes + 15 minutes for direct Q&A, to discuss our recent report entitled “Reducing Capital Charges in Risk Based Prudential Frameworks”.
Calculating tail risk exposure presents a challenge for private markets industry participants, including regulators, due to poorly constructed indices (fund manager benchmarks) including slow and stale valuation techniques. Without accurate and frequent pricing, computed risk metrics will not reflect the distribution. As a result, capital charges imposed by regulators may be overly conservative to compensate.
Our report shows that a well-constructed private equities index, such as the private2000, has similar Value at Risk (VaR) and Conditional Value at Risk (CVaR) metrics when compared to broad market indices in listed markets. Further, the flagship infraMetrics index, infra300, has demonstrably lower VaR and CVaR relative to private and listed equities, suggesting that capital charges should differ across the asset classes.
There have been promising developments, with Solvency II in the EU differentiating between infrastructure and private equities, and the adoption of International Capital Standards by the International Association of Insurance Supervisors (IAIS). More room exists to adapt to the different return/risk profile of the two asset classes.
Virtual
December
Scientific Infra & Private Assets (SIPA) will be organising live demonstrations to showcase its full suite of private market analytics on the occasion of the EDHEC Infrastructure
Scientific Infra & Private Assets (SIPA) will be organising live demonstrations to showcase its full suite of private market analytics on the occasion of the EDHEC Infrastructure and Private Assets Day on 9 December, 2025 in London.
These workshops will provide a practical look at how SIPA’s benchmarks and data tools support risk measurement, pricing, and manager evaluation across private infrastructure equity, private equity, and private infrastructure debt:
Workshop 1: privateAlpha® Launch
Tuesday 9 December, 2025
Two sessions: 11:00-12:30 / 15:30-17:00
Led by Frédéric Blanc-Brude, CEO, Scientific Infra & Private Assets (SIPA)
The official soft launch of a new product, privateAlpha® (a ‘Morningstar-like’ private fund and manager ranking and selection platform). The workshop will include:
Workshop 2: privateMetrics® & infraMetrics® Demo
Tuesday 9 December, 2025
Two sessions: 9:30-11:00 / 14:00-15:30
Led by Abhishek Gupta, Head of Product, Scientific Infra & Private Assets (SIPA)
This interactive workshop will introduce participants to the data, methodologies, and tools available through the infraMetrics and privateMetrics platforms. Through live demonstrations and discussions, it will explore how the SIPA Excel Add-In enables seamless access to benchmarks and comparables in private markets. Participants are encouraged to share their perspectives on the challenges they face in private markets, including valuation, benchmarking, and risk measurement:
For further information on the main event, please visit the dedicated event page.
Convene, 22 Bishopsgate, London, EC2N 4BQ, UK
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