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By Olivier COEKELBERGS, EY Europe West Financial Services Managed Services Leader Francis GODDARD, EY Luxembourg Partner, Financial Accounting Advisory Services
Luxembourg is Europe’s largest investment fund center and second in the world only to the US. The country is hosting a regulated but dynamic ecosystem of asset managers, advisors, auditors, lawyers, and fund administrators. At the heart of this ecosystem for Alternative Investment Fund Managers (AIFMs) lies the principle of fair valuation, a cornerstone for investor confidence and regulatory compliance. The International Private Equity and Venture Capital Valuation (IPEV) Guidelines have long provided a recognized framework for determining fair value in private equity and venture capital...
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