The latest thought leadership article, Daily Valuations: The Next Frontier in Private Market Transparency, authored by Managing Directors Shane Newell and Jason DeFazio, and Senior Managing Director, Business Development Parag Patel has been published by Alternatives Watch.

The article examines how recent regulatory reforms are rapidly expanding retail investor access to private credit and equity strategies, prompting a significant shift toward semi-liquid and open-end fund structures. As these products evolve, traditional quarterly valuation cycles are being replaced with expectations for daily NAV reporting, creating new pressures on fund managers and administrators to deliver timely, transparent, and defensible fair value measurements.

The authors outline the operational, analytical, and regulatory complexities inherent in this transition and highlight how VRC supports clients through scalable valuation processes that blend advanced data analytics with seasoned professional judgment. Together, these capabilities help fund sponsors meet rising transparency expectations from investors, auditors, distribution platforms, and regulators.

With growing retail participation in private markets — from interval funds to 401(k) plans — investors and regulators alike are demanding greater clarity and more frequent reporting. Daily valuations are not just a technical upgrade — they represent a paradigm shift in how fund performance, liquidity, and transparency are managed in real time. “As private markets grow more retail-focused, the demand for transparency is intensifying — making daily valuations the next frontier for fund managers,” said Patel, “Delivering fair value at daily cadence requires deep private markets expertise, defensible methodologies, and scalable technology.”