Regulators at US Securities and Exchange Commission have intensified scrutiny on the private markets industry, adding extra time to exams and enforcement actions as part of a growing regulatory sweep. The focus has now shifted to private funds valuations, a critical area for many investors.

Side Letter, dated 3 June, notes that the SEC is zeroing in on private fund valuation practices, making it a key compliance target for fund managers and advisors.

The discussion also highlights LAFPP’s advocacy refrigeration for mid‑market, emerging managers, while tail‑end specialist Hollyport parts with an equity stake, illustrating the sector’s dynamic nature.

Overall, the industry must assess whether current valuation methods are measuring up to regulatory expectations, ensuring transparency and investor protection in a rapidly evolving marketplace.