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A New Baseline for Valuing Private Assets in Retail Funds

A new ICI and PwC survey offers a first-of-its-kind look at how investment managers value private assets in retail alternative investment products.

A new ICI and PwC survey offers a first-of-its-kind look at how investment managers value private assets in retail alternative investment products. Drawing on responses from 39 participants...

Established governance structures, outside valuation expertise, and ongoing monitoring are central features of how firms value private assets held in retail alternative products, according to ICI and...

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Cover of the ICI Retail Valuation Benchmarking Survey report

Retail Alternatives Valuation Benchmarking Survey

ICI and PwC partnered on the Retail Alternatives Valuation Benchmarking Survey to provide insights into valuation practices across retail alternative investment products. The survey captures responses from investment management organizations representing a diverse range of business models, product structures, asset classes, and operating frameworks, offering a broad view of current industry practices.

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Our Impact by the Numbers


$60T

Total Assets Represented

Managed by ICI members across mutual funds, ETFs, closed-end funds, and more, underscoring our industry’s economic influence.

28K

Funds Represented

Represented by ICI’s member companies, spanning a diverse range of investment products.

135M

US Investors

Supported through ICI’s advocacy for policies that protect and empower individual investors nationwide.

About ICI


The Investment Company Institute (ICI) provides essential data and insights to strengthen the asset management industry and support informed decisions.

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Shaping Public Policy and Regulation

ICI works with regulators and policymakers in the United States and around the world, bringing to bear robust legal and economic analysis to support its efforts and applying a deep understanding of regulatory and policymaking processes and priorities.

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Publishing Leading-Edge Research

ICI publishes leading-edge research on financial markets, financial stability, and tax and retirement policy. ICI is also an authoritative source of statistics on the fund industry, collected from ICI member firms and trusted organizations, to provide a comprehensive assessment of the industry and its shareholders at any given point in time.

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Supporting the Asset Management Industry

ICI organizes each year eight major public industry conferences and dozens of webinars and trainings each year as well as hosts more than 100 member committees, working groups, and task forces to share industry best practices, gather input from industry professionals, and discuss common challenges related to operations, regulations, and technology.