This is the fifth episode in our series, The Private Company Valuation Forum. The aim of the Forum is to offer insights to help our network appreciate and understand valuation trends for private businesses, although no element of the discussion should be interpreted as offering investment advice.
In this Forum, Richard Angus, Head of Business Development at Hardman & Co, is delighted to welcome guests Matthew Burns, Origination Director of MarktoMarket, and Iain Baillie, Founder Director of Asset Match.
Against a backdrop of shifting macroeconomic conditions and cautious investor sentiment, it is critical to understand how entrepreneurs and investors can stay informed and hopefully raise their levels of confidence as they head into 2026. In this regard, one element of increasing interest is how to raise shareholder liquidity in private companies.
Our guests share insights drawn from live transaction data and first-hand experience supporting private companies through periods of uncertainty. They discuss how deal activity is evolving, how valuation patterns are being influenced and how companies of different sizes are responding to current market conditions.
The session also covers changes in our private capital ecosystem and liquidity, including the PISCES (Private Intermittent Securities and Capital Exchange System) framework, adopted by the London Stock Exchange to allow investors to buy and sell shares in private companies on an intermittent basis.
Please contact Richard if you are interested in finding out more about our corporate valuation work.
