SPAC Shares Are Not Created Equal
How do you value a SPAC? With a surge in SPAC IPOs resulting from the COVID-impacted economy, SPAC valuations should not be given equal consideration.
Private Markets Took COVID in Stride
The private equity and credit markets held up remarkably well in the face of a global pandemic and are adjusting to the “new normal.” Market participants should go into 2021 with heightened vigilance as the impacts of the pandemic may not have yet entirely played out.
John Czapla Featured in Sanne Group’s Connect November Issue
On track for recovery: Pandemic implications, not all doom or gloom.
Bloomberg Financial Accounting News Shares Mutarelli’s Post-Q3 Results
In the November issue, Bloomberg publishes Mutarelli’s third-quarter analysis results of valuations and impairment testing, including potential goodwill impairment.
Paul Balynsky Shares Views on Unicorn Valuations in COVID with AICPA Professional Insights
How are privately held unicorns’ valuations faring in the age of COVID?
COVID & U.S. Portfolio Securities Valuation: An update on credit spreads and required returns
In Q3 2020, secondary equity and credit markets rebounded, primary equity and levered finance markets reopened, and the price of risk declined.
Jason Mutarelli Published in Bloomberg Tax
Featured in the October issue, Mutarelli analyzes how to approach valuations and impairment testing when managing through the impacts of COVID.
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.
BDC Roundtable Participants Lean Heavily on VRC’s Czapla for Guidance on Navigating COVID Fallout
Business Development Company market participants are focused keenly on valuation in the wake of the novel coronavirus and the impact on their underlying portfolio investments.
Private Credit Market Update
Private asset valuations snapped back in Q2 as the economy began to reopen, and private capital investors took concrete steps to shore up portfolio companies.