When Private Markets Go Daily
Valuation practices in a daily environment
Thu 12 Nov 2026 · 17:00–18:00 UK
Post your questions and comments using the Q&A button on your screen.
Please respond to the live polls during the webinar.
The session is being recorded and will be available on demand afterwards.
The session
About this session
As private markets open up to a broader base of investors through evergreen and semi-liquid structures, valuers face a defining challenge: producing credible, consistent values for inherently illiquid assets on a daily, or near-daily, basis. More frequent NAVs support access and transparency, but they raise the stakes around governance, timeliness and fairness between investors, and they expose a hard practical question, namely how a daily value can rest on underlying holdings that themselves report only monthly or quarterly, and often in arrears.
Practice today spans a wide spectrum, from the rigorous yet pragmatic to the minimum needed to get by, and it is unlikely to converge until investors and regulators set clearer expectations. This session addresses the realities of valuing at pace: where more frequent valuation is genuinely needed, whether and how it can be done with discipline, and the controls, thresholds and independent review needed to make the resulting numbers defensible.
Speakers
Meet the panel
Select a speaker to read their profile.
David Larsen
Managing Director, Alternative Asset Advisory
Kroll
David is a Managing Director in Kroll’s Alternative Asset Advisory practice in Seattle, with more than 35 years’ transaction and accounting experience. He specialises in fair value accounting and the valuation, accounting and regulatory issues facing alternative asset managers and investors.
A past member of the IVSC Standards Review Board and former Vice Chair of the IPEV board, he has also advised the FASB Valuation Resource Group and the AICPA, and was previously a Partner in KPMG’s Transaction Services practice.
Kimberly Zeitvogel, CPA
Partner & Chief Financial Officer of Evergreen Funds
StepStone Private Wealth
Kimberly Zeitvogel is a member of the private wealth team at StepStone Group and a Certified Public Accountant. Before joining StepStone, she spent 12 years as CFO and CCO of Chapter IV Investors, an investment adviser managing a privately held hedge fund with US$300 million of assets under management, and was previously CFO of a structured finance firm focused on the acquisition, securitisation and value enhancement of distressed debt.
Earlier she worked in investment banking finance at Wachovia Securities, supporting business units including private equity, mergers and acquisitions, leveraged capital and fund investing, and began her career in public accounting at Arthur Andersen. She holds a BS from Appalachian State University, serves on the board of RunningWorks and sits on the steering committee for the Charlotte chapter of the CFO Leadership Council.
Sukesh Thekkenmar
Managing Director, Valuations
TPG Angelo Gordon
Sukesh Thekkenmar is Managing Director, Valuations for TPG Angelo Gordon. He joined Angelo Gordon from BlackRock, where he was Director of Pricing & Economy Data strategy. Prior to BlackRock, he was VP, Head of Valuations and Liquidity Risk Management at AllianceBernstein, where he was also Chairman of the Valuations Committee.
Before that, Sukesh was VP, Derivatives Valuations at State Street Bank, held market data roles at UBS Investment Bank and held multiple roles at Reuters, including structured products and derivatives modelling. He has served on key industry committees and working groups, and holds an MBA from the Barney School of Business at the University of Hartford and a Master’s degree in Finance from Bharathiar University, India.
Tomáš Krabec
Deputy Finance Minister
Ministry of Finance of the Czech Republic
Tomáš Krabec is Deputy Finance Minister for the Czech Republic. A long-serving expert witness, he chairs the Ministry of Justice’s advisory board on economics.
In 2024, he was appointed a member of the Financial Instruments Board of the International Valuation Standards Council.
Your questions
Questions from the audience
A selection of the questions submitted at registration. Post your own during the session using the Q&A button on your screen.
How reliable is daily valuation of private assets?
How are geopolitical uncertainty and AI-driven moves in comparable multiples reflected in venture fund valuations?
Which local benchmarks or proxies support a daily NAV where filings are delayed?
Are large marketability and control discounts still justified as private equity becomes more liquid?
Audience
Today’s audience
A senior, international audience with finance at its core. Around one in six registrants comes from an investor, asset manager or bank, joined by the advisers, auditors, fund administrators and regulators who oversee private assets.
Who is in the room
The whole valuation ecosystem, from the people who carry out valuations to those who rely on them and oversee them. Each square is one in every 100 registrants.
A closer look
Select a group to see the organisations behind it, by number of registrants.
111 registrants from 92 investor organisations, plus 29 from 22 banks and lenders.
Where they are joining from
Registrants from 97 countries and territories, by region. Circle size reflects the number of registrants.
Based on registrations as at 23 October 2026. Groups are IVSC classifications of the organisation names given at registration, covering the 784 registrants who gave an identifiable organisation, and are indicative. No organisation or individual is named.
Resources
Further reading
Resources to explore after the session.
IVSC Valuation Webinar Series 2026
Five sessions, 2 to 12 November
Register for the other sessions in the series. Registering also gives you access to the on-demand recordings.
Thank you for joining
Catch up on the series
Recordings of all five sessions will be available on demand to everyone who registered.