This research investigates that how the discount of private equity placements is influenced by intangible assets on accounting-related information asymmetry and intellectual capital. Our results find that some evidences supported that the accounting-related information asymmetry of intangible assets affects discount of private equity placements. In addition, we classify intellectual capital into three aspects, human capital, structure capital and relationship capital. We find that excellent human capital and relationship capital helps companies mitigate the discount of private equity placements. However, the structure capital is insignificantly associated with the discount of private equity placements. Finally, this research provides authorities and companies the future implications on intangible asset valuation, intellectual capital evaluation and private placements regime.