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EACVA & EVI European Valuation Summit

15 June 2026 | Prague
– Thought Leadership and Networking for Europe’s Valuation Community –

EACVA & EVI European Valuation Summit

15 June 2026 in Prague

Pre-Conference Networking Dinner on 14 June 2026

Date

Conference: Monday, 15 June 2026

Pre-Conference Networking Dinner:
Sunday, 14 June 2026

Venue

Congress Center of the Czech National Bank, Prague, Czech Republic

The European Association of Certified Valuators and Analysts (EACVA) and the European Valuation Institute (EVI) cordially invite you to Europe’s first Valuation Summit in Prague. Taking place in the beautiful city of Prague on 15 June 2026, it will bring together leading business valuation professionals from across Europe. Join us for high-level insights, forward-looking discussions, and premium networking – including an exclusive pre-conference dinner on 14 June 2026.

Highlights

  • Inspiring presentations from leading European experts in business valuation and portfolio valuation in private markets
  • A diverse programme featuring a keynote address, two panel discussions, and five in-depth sessions on the latest developments in company and portfolio valuation
  • Exclusive Networking Dinner on Sunday, 14 June at the restaurant Červený Jelen – complimentary for all conference participants!
  • Connect with a high-caliber European network of valuation professionals, advisory firms, investors, etc.

Conference Programme

Please click on the names / presentation titles in the agenda to find out more about the individual presentations and speakers.


Sunday, 14 June 2026

19:00–19:15

Welcome Address (Wolfgang Kniest, EACVA and Jan Marek, EVI)

19:15–22:00
Networking Dinner at the traditional restaurant Cerveny Jelen

Červený Jelen, or "Red Deer," is a renowned restaurant in Prague's historic Špork Palace. It's celebrated for its premium grilled meats, prepared by award-winning chef Marek Fichtner.

The venue stands out with its innovative three-story beer tank tower – the world's tallest – serving fresh Pilsner Urquell directly from 13 copper tanks.

Housed in a former bank vault and hall with constructivist architecture by Josef Gočár, it blends historical elements like red deer sculptures with modern cubist design by Stanislav Fiala.

The Vault (Trezor) is a space of the former second largest bank vault with the original safe door. It really used to be a vault in the days of the AngloBank, as demonstrated by the 800kg original vault flap on the bank floor, which was turned into a regulars' table. 

Monday, 15 June 2026

08:00–09:00
Conference Registration, Welcome Coffee & Exhibition


09:15–10:15
Keynote: The Science of Valuation in Private Markets: How to Think about Price When You Buy to Sell
  • Why valuation in private markets is not about “fair value,” but about price discipline under temporary ownership
  • How target returns, leverage, holding periods, and exit assumptions reshape classical valuation frameworks
  • The limits of public-market tools (DCF, WACC, multiples) once assets become illiquid and controlled
  • Valuation as a strategic decision variable rather than a passive estimate
  • Implications for investors, valuers, and advisors operating in private equity and private credit markets

10:15–10:35
Networking Coffee Break & Exhibition


11:30–12:15
The Updated 2025 International Private Equity and Venture Capital (IPEV) Valuation Guidelines
  • Reminder of the core principles underpinning the IPEV Valuation Guidelines
  • Overview of the key changes introduced in the 2025 update
  • Practical implications of the updates for valuing private equity and venture capital investments

12:15–13:15
Networking Lunch & Exhibition

13:15–13:45
Cost of Equity in 2026: How Recent Market and Geopolitical Shifts Reshape Required Returns
  • How are recent trends reshaping the cost of equity across different sectors and regions?
  • What signals are today’s capital markets sending about investor expectations and required returns?
  • How are structural changes in the equity risk premiums influencing valuation models and decision‑making?

13:45–14:15
Pre-IPO, IPO, and Aftermarket Valuations – How This All Fits Together
  • Is valuation the only factor for a company when deciding on an IPO?
  • How is the IPOpricing process managed in reality?
  • What are the implications of under/over valued IPOs for the aftermarket?

14:15–14:45
Challenges with IFRS in Equity Valuation
  • Performance: IFRS 18 to the rescue
  • Enterprise Value: More fair values needed
  • Returns: Dealing with intangibles

14:45–15:15
Networking Coffee Break & Exhibition

15:15–16:00
The Valuation of Distressed Firms
  • Higher uncertainty: Distressed firms are harder to value due to unstable cash flows and a high probability of default.
  • Methodological challenges: Traditional valuation models often become unreliable and must be adjusted for restructuring or liquidation scenarios.
  • Bases of value: Reorganization value, market value, liquidation value.



17:15−19:00

Closing Reception with Drinks & Networking

Our Speakers

Prof. Ludovic Phalippou, Ph.D.

Saïd Business School, University of Oxford | Professor of Financial Economics

Prof. Dr. Mauro Bini

Bocconi University Milan | Professor of Corporate Finance

Frédéric Docquier

Sofina, Brussels / IPEV Board Member

Dennis Jullens

Vrije Universiteit Amsterdam | Author of The Footnotes Analyst

Petr Koblic

Chairman and CEO of Prague Stock Exchange

Rafaël Le Saux, CFA, CAIA, CFM, CVA, ABV

PwC | Luxembourg Valuation Professionals Association (LVPA)

Jan Marek, CFA

European Valuation Institute (EVI), Prague

Petra Mudrochová

ARX Equity Partners, Prague

Prof. Dr. Bernhard Schwetzler, CVA

HHL Leipzig Graduate School of Management / EACVA

Jochem Quaak

QVO Values - Managing Director, Amsterdam

Wolfgang Kniest, CVA

EACVA – European Association of Certified Valuators and Analysts

Jiří Urban, CVP,  FCCA

European Valuation Institute (EVI), Prague

    Prof. Ludovic Phalippou, Ph.D.

    Prof. Ludovic Phalippou, Ph.D.

    Ludovic Phalippou is Professor of Financial Economics at Saïd Business School, University of Oxford, where he teaches asset management and private markets. He is an internationally recognized expert on private equity, private credit, and institutional investing.

    His research has been published in leading academic journals and has significantly influenced the debate on how private market returns and valuations are measured and interpreted. Ludovic regularly advises institutional investors, regulators, and asset managers, and is a frequent speaker at international academic and practitioner conferences.

    Prof. Dr. Mauro Bini

    Prof. Dr. Mauro Bini

    • Full Professor of Corporate Finance at Bocconi University (Department of Accounting),
    • Chair of the Management Board of OIV – Organismo Italiano di Valutazione (the Italian Valuation Standard Setter),
    • Co-Chair of the Academic Forum - IVSC (International Valuation Standard Council),
    • Author of books, essays and articles on topics of Corporate Finance, Valuations and Fair Value Measurement.
    Andrea Carnelli Dompe, Ph.D.

    Andrea Carnelli Dompe, Ph.D.

    Andrea is the co-founder and CEO of Tamarix Technologies – a platform redefining how LPs monitor and manage private market portfolios through AI-native agent infrastructure.

    Before launching Tamarix, Andrea spent 8 years at Pantheon – a private markets investor with $93bn assets under management, where he led the research team. 

    Andrea completed a Finance PhD at Imperial College covering a range of asset pricing and monetary policy topics. He also holds a MSc in Financial Engineering from Imperial College and a BS in Economics from Bocconi.

    Frédéric Docquier

    Frédéric Docquier

    As Head of the Business Control at Sofina, Frédéric Docquier focuses primarily on the valuation and monitoring process of unlisted portfolio companies. These companies range from early stage to growth equity and span diverse sectors and geographies.

    Prior to joining Sofina, Frédéric was actively involved in the valuation and M&A fields.

    Frédéric holds a Master of Science in Management (Finance) and is a Certified International Investment Analyst (CIIA). Additionally, Frédéric is a member of the Luxembourg Valuation Professionals Association (LVPA).

    Miroslav Jandečka

    Miroslav Jandečka

    Managing Partner, BDO

    In his professional career he focuses on tax issues in an international context, seeks for tax planning opportunities that help to legally optimize the tax position of his clients. His specialization is international double taxation, taxation of capital acquisition. He also has extensive experience in the preparation and implementation of complex business strategies, mergers of companies (management of both buy-side and sell-side engagements), financial audit and the preparation of financial statements.

    He is Certified Auditor (KA ČR), Certified Tax Adviser (KDP ČR). He speaks Czech, German and English.

    Dennis Jullens

    Dennis Jullens

    Dennis Jullens is part time lecturer in Valuation & Accounting in the Finance Group at the Vrije Universiteit in Amsterdam. Before joining the VU, Dennis spent four years teaching financial reporting, financial analysis and valuation at the University of Amsterdam. Dennis has taught extensively at MBA and Master level at University of Edinburgh, Business School, IE Business School Madrid, Imperial College London, Rotterdam School of Management, Warwick University, WHU Vallendar and Nijenrode Business University.

    Before pursuing his passion for teaching, Dennis spent 20 years in banking of which the last 12 years at UBS where he was European Head, UBS Valuation & Accounting Research.

    He is also a co-author of www.footnotesanalyst.com, a blog that aims to inform and educate investors, analysts and other interested users of financial statements on topical accounting and valuation issues. The Footnotes Analyst is also involved in training for both graduates and experienced analysts at for example ABN AMRO, Berenberg, ING and Jefferies. 

    The Footnotes Analyst | Analytical Insights for Investors

    Petr Koblic

    Petr Koblic

    Petr Koblic, began his career in investment banking banking in 1993. He served on middle management level and later top management level in number of domestic and international investment banks.

    Peter was elected Chairman and CEO of Prague Stock Exchange in September 2004. He is also Chairman of the Central Securities Depository Prague and Power Exchange Central Europe. On group level he is Member of the Board of Vienna Stock Exchange.

    Peter was elected the President of FESE in 2018. In 2019 he was selected as a member of the High Level Forum on the Capital Markets Union.

    During his career he was a member of the Board of the Czech Broker Dealer Association, President of Ljubljana Stock Exchange, Member of the Board of Budapest Stock Exchange, and he was the Chairman of Czech Investor Compensation Fund.

    Rafaël Le Saux, CFA, CAIA, CFM, CVA, ABV

    Rafaël Le Saux, CFA, CAIA, CFM, CVA, ABV

    • Rafaël leads the Valuation & Modelling Advisory Services offering within PwC Deals & Strategy Luxembourg and has 16 years of relevant valuation and modelling experience.
    • Prior to joining PwC, Rafaël was Conducting Officer Valuation for Partners Group’s AIFM, one of the largest in-house AIFMs in Luxembourg as well as standing member of all four asset-class specific Global Valuation Committees (i.e. PE, PD, Real Estate and Infrastructure) overseeing USD 120b of AUM. He also worked for over nine years within the Valuation and Modelling department of another large professional services firm, across France, Australia and Chile. Additionally, Rafaël worked as an Associate Director at a niche infrastructure fund, specializing in Public Private Partnerships in developed economies.
    • Furthermore, Rafaël is vice-chairman of Luxembourg Valuation Professionals Association (LVPA) and co-leads LVPA Technical Working Group.
    • Rafaël will join the IVSC Financial Instruments Technical Board from May 2026. He is also an Advisory Board Member at EDHEC Infrastructure & Private Assets Research Institute and a Member of the Financial Modeling Global Leaders Council. 
    • He has lectured valuation related subjects in ten different business schools including EMLyon, Grenoble EM, Neoma, Université du Luxembourg, and Luxembourg School of Business. Rafael is also a frequent speaker at industry events, and he had published articles and book chapters on valuation.

    Education: Rafaël Graduated from Universidad Adolfo Ibanez from Santiago, Chile. He is a CFA Charterholder, CAIA Charterholder, Chartered Financial Modeller, Certified Valuation Analyst, Certified Valuation Professional, certified Financial Modelling and Valuation Analyst and Accredited in Business Valuation by the AICPA.

    Jan Marek, CFA

    Jan Marek, CFA

    Jan is a Managing Partner at European Valuation Institute (EVI). 

    Prior to founding EVI, Jan served as a Partner at Deloitte, where he led the Valuation and Financial Modelling team for Central and Eastern Europe. Jan has more than 20 years of experience in business and asset valuation, dispute advisory, financial modelling, transfer pricing analysis, competition economics, and other financial analyses.

    Jan is also a court-appointed expert specializing in business valuation. He was the first President of the European Chapter of the American Society of Appraisers (ASA) and previously served as a member of the IVSC Business Valuation Board, which issues the International Valuation Standards. He also leads the Czech translation of the International Valuation Standards.

    He has lectured at valuation conferences as well as at Charles University, the University of Economics in Prague, and the Judicial Academy.

    Petra Mudrochová

    Petra Mudrochová

    Petra Mudrochová brings more than ten years of experience in M&A, spanning both advisory and private equity. She began her career at Deloitte, where she was involved in nearly one hundred financial due diligence projects, including 3.5 years in the Amsterdam office, in a market where deal flow never sleeps.

    Today, she is an Investment Manager at ARX Equity Partners, focusing on acquisitions and the development of Central European companies across the investment cycle, from term sheet to exit. Her most recent transaction was the acquisition of HLB PROXY, a tax, accounting, audit, and payroll firm and member of the international network HLB International.

    Prof. Dr. Bernhard Schwetzler, CVA

    Prof. Dr. Bernhard Schwetzler, CVA

    • Chairholder | Chair of Financial Management at the HHL Leipzig Graduate School of Management
    • Co-Founder and member of the board of the European Association of Certified Valuators and Analysts (EACVA)
    • Author of numerous publications on business valuation and active as an expert witness for courts

    Chairholder Chair of Financial Management and Banking at the HHL Leipzig Graduate School of Management since 1995.

    Doctorate and habilitation at the University of Regensburg. Visiting professorships at the University of Eichstätt/Ingolstadt (call, declined), EADA Barcelona, Waikato School of Management, Hamilton NZ and at John Molson School of Business, Concordia University, Montreal. Research stays at Purdue University, West Lafayette, In., USA and at INSEAD, Fontainebleau.

    Prof. Schwetzler is Member Chairman of the expert groups "Fairness Opinion" and "Corporate Transaction and Valuation“ of the Society of Investment Professionals in Germany (DVFA); Co-Founder and member of the board of the European Association of Certified Valuators and Analysts (EACVA e.V.); Member of the editorial board of the magazine CORPORATE FINANCE, Member of the scientific advisory board of the German Private Equity and Venture Capital Association (BVK) He has written numerous publications about company valuation and also acts as an expert witness for courts.

    He teaches courses and seminars in corporate finance, private equity and corporate valuation for international firms like ValueTrust Advisors, ProSiebenSat1 Media AG, Metzler Corporate Finance, Verbundnetz Gas AG, Roland Berger Strategy Consultants, KPMG, Jenoptik, Association of German Asset Managers, German CFA Institute.

    Jochem Quaak

    Jochem Quaak

    • Experienced valuation professional with over 25 years of valuation expertise.
    • Work experience:
      • 5 years PwC
      • 20 years Kroll and its predecessors Standard & Poor’s Corporate Value Consulting and Duff & Phelps
      • 2 years QVO Values
    • Together with a former colleague, Jochem founded QVO Values in 2023, an independent valuation boutique firm based in The Netherlands.
    • Jochem holds a Business Economics Master’s degree from Tilburg University (1997) and graduated from London Business School with a Master's degree in Finance (2002).
    • Guest lecturer on valuation topics at Tilburg University, TIAS business school and Basel University.
    • Former member of the EFRAG advisory panel on intangible assets.
    Wolfgang Kniest, CVA

    Wolfgang Kniest, CVA

    • Managing director and co-founder of the European Association of Certified Valuators and Analysts (EACVA), the European Chapter of GACVA.
    • Chief editor of the quarterly published business valuation journals BewertungsPraktiker (since 2005) and European Business Valuation Magazine EBVM (since 2022).
    • Many years of teaching experience on business valuation at the University of Applied Science Erfurt and Frankfurt School of Finance & Management

    Wolfgang has a cross-sector experience in the analysis and valuation of listed and non-listed, national, and international companies. As an independent consultant and Certified Valuation Analyst Wolfgang Kniest has more than 20 years of consulting in business analysis and valuation. 

    Wolfgang also teaches and develops seminars and webinars (e.g. Current Update in Valuations, Financial Modelling, Business Valuation Industry Standards, and advanced topics relating to business valuation) and is one of the main instructors at the Certified Valuation Analyst (CVA) training classes. 

    He is co-author of the book "Henselmann / Kniest: Business valuation: Practical cases with solution (nearly 200 exercises)", Publisher: NWB, 5th edition 2015 (in German) and of numerous articles relevant to his areas of expertise.

    Jiří Urban, CVP,  FCCA

    Jiří Urban, CVP, FCCA

    Jiří is a Partner at European Valuation Institute (EVI).

    Prior to joining the firm, he was a Director at KPMG, where he led the Disputes Advisory practice for Central and Eastern Europe. He holds the Luxembourg Certified Valuation Professional (CVP) accreditation.

    Jiří has more than 20 years of international experience in forensic and dispute advisory services. His primary areas of expertise include the quantification of damages in litigation and arbitration, competition economics, and other matters involving complex financial analysis. Jiří has been recognized with the Client Choice Award by Lexology for his work in the field of damages.

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    Venue

    The Congress Centre of the
    Czech National Bank

    Senovážné náměstí 30
    110 00 Prague 1 (Nové Město)
    Czech Republic

    The Congress Centre of the Czech National Bank is located in the former Commodity Exchange on Senovážné Square in the centre of Prague. 

    How to get there / Directions

    The Congress Centre of the Czech National Bank is located in the former Commodity Exchange on Senovážné Square in the centre of Prague. It is also in close to all significant attractions and to the central train station.

    Directions:

    From Prague Main Railway Station (Hlavní nádraží) – on foot
    • Distance: approx. 500 m
    • Walking time: 6-10 minutes

    Exit the main station building and follow signs toward the city center. Walk toward Senovážné náměstí. The Congress Centre of the Czech National Bank is located directly on the square.

    From Václav Havel Airport Prague – by public transport
    • Distance: approx. 18 km
    • Travel time: 40–50 minutes

    Take Bus 59 from the airport to Nádraží Veleslavín (Metro Line A). Continue by Metro Line A to Mustek. From there, it is a 8–10 minute walk (approx. 450 m) to the venue.

    From Václav Havel Airport Prague – by taxi
    • Distance: approx. 18 km
    • Travel time: 25–35 minutes (depending on traffic)

    Taxis are available directly outside the arrivals hall. The journey to the Congress Centre of the Czech National Bank typically takes around 30 minutes, depending on traffic conditions.

    Nearby Attractions
    • Wenceslas Square (Václavské náměstí) – 500 m / 5 minutes
      One of Prague’s main boulevards, lined with shops, restaurants, and historic buildings.
    • Old Town Square (Staroměstské náměstí) – 1 km / 15 minutes
      The historic heart of Prague featuring the Astronomical Clock and Gothic architecture.
    • Prague Astronomical Clock1.3 km / 15 minutes
      The famous medieval clock located at the Old Town Hall.
    • Powder Tower (Prašná brána) – 600 m / 7–8 minutes
      A striking Gothic tower and one of the original city gates.
    • Charles Bridge (Karlův most) – 1.8 km / 20–25 minutes
      Prague’s iconic historic bridge connecting the Old Town with Lesser Town.
    • National Museum 700 m / 8–10 minutes
      Located at the top of Wenceslas Square, showcasing Czech history and culture.

    Our Sponsors

    We would like to thank our sponsors for their support!

    BDO in the Czech Republic is a consulting company providing audit, tax, legal, accounting and advisory services. We have been operating on the Czech market for 30 years. With more than 600 professionals, many years of experience and a global network, we are one of the leading consulting companies in the Czech Republic.
    We help your business so you can focus on the core of your business. We can provide you with services in the areas of audit, accounting, tax, law, information technology, digitalisation, financial, transactional and corporate advisory or expert witness services.
    We are part of the BDO network, which is one of the largest networks of audit and consulting groups worldwide. 


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