随着散户投资者准入的加速，美国证券交易委员会 (SEC) 宣布召开私募市场估值圆桌会议

美国证券交易委员会今天宣布将于 3 月 4 日举行圆桌会议，讨论私募市场估值和负责任的零售化。
圆桌会议将于下午 1 点由投资管理部主办。至下午 3 点ET 在 SEC 华盛顿特区总部举行，并在 SEC 网站上进行了直播。
“随着散户对另类投资的接触变得越来越普遍，我们希望帮助日常投资者了解这些产品中使用的不同估值方法，”美国证券交易委员会投资管理部主任布莱恩·戴利 (Brian Daly) 表示。
两场圆桌会议将包括来自私募市场行业的小组成员，并将由投资管理部的官员主持。
圆桌会议包括以下小组：
第一组：当两个世界碰撞时
随着公共和私人之间的界限继续模糊，历史上在私人市场提供的资产类别继续迁移到公开发行的工具。这给管理者、投资者和监管者带来了哪些机遇和挑战？投资大众应该考虑什么？
主持人：Brian Daly，投资管理部总监
小组成员：
Cliff Asness，AQR 资本管理公司创始人、管理负责人兼首席投资官
凯蒂·金，普华永道合伙人
John Finley，Blackstone 高级董事总经理兼首席法务官
Marc Pinto，穆迪评级董事总经理、私人信贷全球主管
圆桌二：基金治理
当管理者寻求创新方式来接触私募市场资产以满足零售需求时，从治理角度来看，这会带来哪些挑战？行业在改善基金治理方面有哪些机会？该小组将探讨从业者的观点，包括 2a-5 的合规性、资产类别带来的挑战以及最佳实践。
主持人：
Blair Burnett，美国证券交易委员会投资管理部投资公司监管办公室分部主任
Michael Republico，美国证券交易委员会投资管理部助理总会计师
小组成员：
皮特·德里斯科尔，普华永道合伙人
John Mahon，佳利律师事务所合伙人
Jamila Abston Mayfield，Comply 首席监管服务官
布莱恩·莫里斯，德勤合伙人
Blake Nesbitt，Cliffwater 首席投资官
如需亲自出席，请提前报名。在线观看网络广播无需注册。现场直播以及圆桌会议议程和小组成员将在活动网页上提供。

The Securities and Exchange Commission today announced it will hold a roundtable on March 4 to discuss private market valuations and responsible retailization.
The roundtable will be hosted by the Division of Investment Management from 1 p.m. to 3 p.m. ET at the SEC’s Washington D.C. headquarters and streamed live on the SEC website.
“With retail exposure to alternative investments becoming more common, we want to help everyday investors understand the different valuation approaches used in these products,” said Brian Daly, Director of the SEC’s Division of Investment Management.
The two-panel roundtable will include panelists from the private market industry and will be moderated by officials from the Division of Investment Management.
The roundtable includes the following panels:
Panel 1: When two worlds collide
Asset classes historically offered in the private markets continue to migrate into publicly offered vehicles as the lines between public and private continue to blur. What are the opportunities and challenges this presents for managers, investors, and regulators? What should the investing public consider?
Moderator: Brian Daly, Director of the Division of Investment Management
Panelists:
Cliff Asness, Founder, Managing Principal and Chief Investment Officer of AQR Capital management
Katie King, Partner, PwC
John Finley, Senior Managing Director and Chief Legal Officer, Blackstone
Marc Pinto, Managing Director, Global Head of Private Credit, Moody’s Ratings
Panel 2: Fund Governance
As managers seek innovative ways to deliver exposure to private market assets in response to retail demand, what challenges does this present from a governance perspective? What opportunities does the industry have for improving fund governance? This panel will explore the perspective of the practitioner, including compliance with 2a-5, challenges presented by the asset class, and best practices.
Moderators:
Blair Burnett, Branch Chief, Investment Company Regulation Office, SEC’s Division of Investment Management
Michael Republicano, Assistant Chief Accountant, SEC’s Division of Investment Management
Panelists:
Pete Driscoll, Partner, PwC
John Mahon, Partner, Cleary Gottlieb Steen & Hamilton LLP
Jamila Abston Mayfield, Chief Regulatory Services Officer, Comply
Bryan Morris, Partner, Deloitte
Blake Nesbitt, Chief Investment Officer, Cliffwater
Please register in advance for in-person attendance. Registration is not required to view the webcast online. The livestream as well as roundtable agenda and panelists will be available on the event webpage .