Join us on 26 June, 2025 at 2.00pm BST / 9.00am EST 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
November
Come and meet Scientific Infra & Private Assets (SIPA) at the ILPA Summit in New York on 4-6 November, 2025! The Institutional Limited Partners Association (ILPA) annual summit takes place every
Come and meet Scientific Infra & Private Assets (SIPA) at the ILPA Summit in New York on 4-6 November, 2025!
The Institutional Limited Partners Association (ILPA) annual summit takes place every year in Q4 and over the years has grown into one of the most important private equity events worldwide, efficiently connecting limited partners to qualified general partners and service providers while offering first-in-class educational sessions and timely talks on trending topics.
More information and registration here.
New York
Come and connect with us at the Markets Group Private Equity Boston Forum on 12-13 November, 2025! At the event, Abhishek Gupta, Associate Director and Head of Product Development at Scientific
Come and connect with us at the Markets Group Private Equity Boston Forum on 12-13 November, 2025!
At the event, Abhishek Gupta, Associate Director and Head of Product Development at Scientific Infra & Private Assets (SIPA), will be moderating a panel discussion on “LP Insights on Fund Manager Selection in the Northeast”.
He will also be hosting a roundtable discussion on “Measuring Risk and Value in Private Equity Markets”.
The Private Equity Boston Forum is the premier New England event designed to enhance financial and investment practices while fostering collaboration within the private equity community through expert-led panels on key industry topics. The event will enable participants to gain insights into developing tailored exit strategies based on market conditions, mastering competitive deal sourcing, and optimising GP-led transactions and continuation funds, as well as to learn from top professionals how to maximise value, address risks, and enhance liquidity solutions.
Scientific Infra & Private Assets (SIPA) is proud to be a Platinum Sponsor of the forum.
For information on the event, please visit the dedicated web page.
Harvard Club of Boston - Back Bay, 374 Commonwealth Ave Boston, MA 02215, United States
Join us at the Insurance Asset Management Conference & Awards in London on 27 November, 2025! This one-day conference will provide delegates from the insurance industry with essential and timely investment
Join us at the Insurance Asset Management Conference & Awards in London on 27 November, 2025!
This one-day conference will provide delegates from the insurance industry with essential and timely investment presentations and thoughts from leading industry figures to help navigate the economic landscape. Delegates will also have networking opportunities throughout the day with industry peers to build on their insurance investment thinking and strategies.
Scientific Infra & Private Assets (SIPA) is proud to be a sponsor of the event.
For information on the event, please visit the dedicated web page.
The Waldorf Hilton, Aldwych, London, WC2B 4DD, United Kingdom