In this article, Razak Musah Baba highlights the recent commercial agreement between Japan’s ¥191trn (€1.22trn) Government Pension Investment Fund (GPIF) and EDHEC Infrastructure and Private Assets (EDHECinfra). It is outlined in the article that the fair value of private assets needs measuring on an ongoing basis, using the latest market inputs, so investors can measure risk and make meaningful comparisons with other asset classes, and that as a result of this agreement, EDHECinfra, which provides research on asset pricing and credit risk of private infrastructure investments, has been appointed to analyse the fair value of investments in unlisted infrastructure equity, with a particular emphasis on GPIF’s own portfolio.

Read the full story here.