Institutional Limited Partners Association endorsed the Private Equity...

Institutional Limited Partners Association endorsed the Private Equity Industry Guidelines Group's efforts to develop valuation guidelines for private equity and venture capital investments; it also backed the National Venture Capital Association's recommendation that the guidelines be the basis for their members' valuation of venture capital investments. ILPA indicated that its members would continue to work with PEIGG and the NVCA to encourage endorsement or adoption of the private equity valuation guidelines, according to a news release.