Private markets are at an inflection point, and valuation is at the center of the debate. As private capital expands into retail and retirement channels, Congress and the regulators are sharpening their focus on how firms price illiquid assets, manage conflicts, and disclose practices to a broader, less sophisticated investor base. The scrutiny is bipartisan, and it's increasing.

Join Carta and AIMA for a practical discussion on what the evolving policy environment means for how firms approach valuations in 2026 and beyond. We'll cover:
•    How the push into registered funds, interval funds, and 401(k) access is changing expectations regarding valuation, disclosure, and conflict management
•    How private credit’s rapid growth is drawing new scrutiny around illiquid asset pricing, affiliated vehicle transfers, and NAV-based lending structures
•    Practical steps firms can take now to strengthen valuation and governance to withstand future political and policy shifts

Whether you're a fund manager, CFO, or compliance officer navigating this landscape, this session will give you a grounded view of where regulatory pressure is building and what it means for your operations.
 

Speakers:
•    Holli Heiles Pandol, Senior Counsel & Head of U.S. Policy, Carta
•    Joe Engelhard, Head of Private Credit & Asset Management Policy, Americas, AIMA

In partnership with: