IPEV Board publishes updated International Private Equity and Venture Capital Valuation Guidelines | IPEV

IPEV Board publishes updated International Private Equity and Venture Capital Valuation Guidelines

December 14 2022

Today the International Private Equity Valuation (IPEV) board has published the Valuation guidelines 2022.

The IPEV valuation guidelines have long been a standard-setter in the industry for valuations and with the latest update they continue to offer updated assistance on the complex issue of valuating private assets.


The update takes developments on international standards into account. The guidance also incorporates the last two special issues of guidance from 2020 and 2022 (Covid- and Ukraine-war related) and expands on the concept and impact on valuations on distressed markets.

Paul Cunningham, chair of the IPEV board, said:
“The board has also considered how to address the ever-expanding issue of ESG and how it may impact valuations”, continuing and concluding: “We have, with this update of the guidance, moved as far forward as we find reasonable at this time, given that the guidance cannot be overly prescriptive, but must remain based on principles of what is known and knowable”.

The complete valuation guidelines are available here.


Notes to editors

1. The IPEV Board and Valuation Guidelines
The mission of the IPEV Board is to provide high quality, uniform, globally acceptable, best practice guidance for private capital valuation purposes.

The IPEV Board was created as an independent body in 2005 and is responsible for maintaining, promoting, monitoring and updating the IPEV Valuation Guidelines. The Board has an advisory role and gives guidance on the application of the Guidelines to all stakeholders in the private equity and venture capital industry including practitioners, investors, regulators and auditors. More information about the IPEV Board can be found here.

2. IPEV Valuation Guidelines – 2022 edition
The 2022 edition of the International Private Equity and Venture Capital Valuation Guidelines is available here.

3. Contact details
For further information, please email [email protected].