The search for clarity

In a new paper of the Meridiam/Camp- bell Lutyens Research Chair at EDHEC- Risk Institute, we propose a dedicated valuation framework for privately-held infrastructure equity investments.

Following the roadmap to create long-term infrastructure investment benchmarks described in Blanc-Brude (2014), this framework takes into account the challenges of valuing privately-held and seldom-traded infrastructure equity investments, while aiming to design a methodology that can be readily applied given the current state of empirical knowledge and, going forward, at a mini- mum cost in terms of data collection.

Download the PDF: II66-EDHEC