1Q 2023 Update: Middle Market Credit Spreads, Required Returns
Direct lenders and PE sponsors: while negatives remain, markets remain stable quarter-over-quarter.
4Q 2022 Update: Middle Market Credit Spreads, Required Returns
In the fourth quarter of 2022, prices increased quarter-over-quarter considering an improved market tone, and resulting in tighter syndicated secondary credit spreads versus Q3 levels.
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.
3Q 2022 Update: Middle Market Credit Spreads, Required Returns
Sustained Sell-Off in More Liquid Markets Since 2021 Continues to Impact Direct Lending Markets in 3Q 2022
With Greater Liquidity Comes Greater Private Asset Valuation Frequency
The new buzz phrase—”monthly valuation”—is taxing internal valuation teams and redefining relationships between fund sponsors and valuation providers.
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.
SEC to SPACs: Blank-Check Path to IPO, Warrants, Disclosures Have Liability Risk
The SEC has been clear. They will continue to keep a close watch on SPAC filings and disclosures and their private targets.
Best Practices for Private Fund Sponsors
As the demand for transparency rises for private investment funds, the spotlight is on valuation practices, which is essential for any fund manager to understand.
Birnbaum, Walling on Valuing Private Energy Debt and Equity in Private Funds CFO
As seen in the newest issue of Private Funds CFO, Jeff Birnbaum and Chris Walling discuss the implications of the pandemic for the sector.