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Attendees joined us for a discussion with the FCA about their recent Private Markets Valuation Review (PMVR) with a focus on how it applies to private credit. The session provided members with the following:

• An overview of the key findings from the review and how this has shaped the FCA’s thinking
• An opportunity to hear from valuation professionals on the key lessons for LPs and GPs
• Insight into how others are responding to the review and what to expect from the FCA in 2025

Speakers:

• Waleed Agha, Director, Valuations, PWC
• Albertha Charles, Asset & Wealth Management Leader, PWC
• Howard Cornwell, Manager, Alternatives Supervision, FCA
• Joshua Evans, PMVR Project Lead, FCA
• Katharine Fullam, Manager, Asset Management Sector Team, FCA
• James Hopegood, Director, Asset Management, AIMA
• Clodagh O'Reilly, Partner, Asset & Wealth Management, PWC
• Nicholas Smith, Managing Director, Private Credit, Alternative Credit Council