Co-authored with AICPA & CIMA · April 2026
Quarterly valuation cycles were built for a different era of private markets. With retail capital flowing in, evergreen fund structures multiplying, and regulators scrutinizing governance more closely, that cadence is losing its footing.
73 Strings partnered with AICPA & CIMA to examine the forces reshaping valuation in private markets — and what firms need to do to keep up. The paper covers:
- Why monthly valuation is becoming table stakes for evergreen, semi-liquid, and retail-facing vehicles
- The governance and methodology implications of higher-frequency cycles
- The operational and technology capabilities required to support the shift responsibly