3Q 2023 Update: Middle Market Credit Spreads, Required Returns
Market participants have a cautiously optimistic outlook for the remainder of the year despite continued concerns.
2Q 2023 Update: Middle Market Credit Spreads, Required Returns
Improving sentiment from market participants, private equity sponsors, and direct lenders has led to further tightening in syndicated credit spread quarter-over-quarter.
1Q 2023 Update: Middle Market Credit Spreads, Required Returns
Direct lenders and PE sponsors: while negatives remain, markets remain stable quarter-over-quarter.
A Rule Change 50 Years in the Making is Still Raising Questions for Fund Directors
VRC and Eversheds Sutherland discuss questions fund boards are asking as they implement the new valuation rule.
Why VRC for Portfolio Valuation?
Learn why eminent private fund managers and their boards rely on our team.
Resource Guide to Navigating SEC Rule 2A-5
VRC’s Rule 2a-5 Resource Guide provides the details fund managers and fund boards need to come into compliance with the SEC’s new regulations to fair value portfolio securities.
Private Equity & Debt Capital Markets Adjust to the New Normal
As we head into Q4 2020, the new normal in private capital markets has fully set in, generally defined by prudence and caution, albeit a work in progress.
Industry Index Discounted Spreads in Valuations
Considering the virus’ material impact on specific industries, we’ve seen a greater emphasis on secondary industry-specific loan indexes when controlling for credit risk.
Private Credit Players Taking AICPA Guidelines, Growing Market Pressures In Stride
Market participants embrace best practice guidance, adjust policies accordingly. But the AICPA’s best practices are not without challenges and intricacies for the private debt and private credit professional.