On September 4, 2025, SIFMA hosted its first session in this roundtable series, focused on valuation practices. Our discussion brought together industry leaders and regulators to explore foundational valuation principles in private credit and private equity markets, dispel common misconceptions, and examine best practices for private asset valuation—especially in the context of retirement plans.
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The program opened with remarks from SEC Commissioner Mark Uyeda, followed by two sessions on Demystifying Private Markets Valuation Practices and Valuation Practices for Private Market Investments in Retirement Accounts.
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📅 Mark your calendar! The next discussion in SIFMA's Private Markets Roundtable series will take place on November 12, focusing on liquidity.
In this blog post, SIFMA President and CEO, Kenneth E. Bentsen, Jr., reflects on key takeaways from discussions at the Valuation Roundtable, including:
✓ The importance of structured valuation processes and independent oversight
✓ Why transparency, fiduciary safeguards, and investor education are critical as retail access grows
✓ How, with the right regulatory framework, private assets could broaden diversification and improve long-term outcomes
IIn this episode of The SIFMA Podcast, SIFMA COO Joe Seidel is joined by Lindsey Keljo, Head of SIFMA AMG, and Lisa Bleier, Head of Wealth Management, Retirement, and State Government Relations, to recap key takeaways from the recent Private Markets Valuation Roundtable, including:
✓ Why private and public markets work best together
✓ How valuation practices are evolving
✓ What private markets could mean for retirement savers
✓ The importance of transparency and investor trust
Also available: replays and reflections with speakers including SEC Commissioner Mark Uyeda, SIFMA President and CEO
Kenneth E. Bentsen, Jr., and leading academics and executives from across asset and wealth management.
Featured Speaker:
Mark T. Uyeda, Commissioner, U.S. Securities and Exchange Commission
Read Commissioner Uyeda's remarks as prepared for delivery
Moderated by:
Peter Driscoll, Partner, PwC
This session will focus on valuation principles and existing valuation guardrails in the private markets, along with common misconceptions about valuing private assets and how better information on valuation results and processes can address such misconceptions.
Moderated by:
Bradford Campbell, Partner, Faegre Drinker Biddle & Reath LLP
This session will discuss how private assets are allocated and evaluated in the context of retirement and professionally managed accounts, challenges in the valuation process for private vs. public assets in the context of retirement planning, and best practices and challenges for fiduciaries when valuing these investments. While we plan on broadly discussing private markets, our expectation is much of the conversation will focus on private equity.
This briefing will be hosted on the Zoom Webinar platform. View instructions on joining and participating in Zoom Webinars.
Access instructions will be sent from SIFMA; please check your inbox. Didn't receive? Contact us.
It is a priority to make our briefings inclusive and accessible for all. For questions or requests, contact SIFMA Conferences.
Participation is complimentary and open to all. Questions? Please contact SIFMA Conferences.
This Roundtable is open to the media. Please contact Anthony Mitchell to register and for our press policy.
A replay of this Roundtable will be available through March 4, 2026. Can't make the live briefing? Register to receive access to the replay.Â