Caroline Puiggali, CFA, ASA

Managing Director


  • Fairness & Solvency Opinions
  • Financial Reporting Valuations
  • Portfolio Valuations
  • Private Equity

Tel. No. (415) 513-4780

50 California Street
Suite 1300
San Francisco, California 94111

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Caroline PuiggaliCaroline Puiggali specializes in the valuation of equity interests, business enterprises, and portfolios of privately-held securities for financial reporting purposes, as well as financial opinions, such as fairness and solvency. She has significant experience serving private equity clients and private equity portfolio companies.

Prior to joining VRC, Ms. Puiggali held the position of vice president at Cogent Valuation (fka Houlihan Valuation Advisors of San Francisco). In this capacity, she provided financial opinions, securities valuations, and corporate advisory services in connection with mergers, acquisitions, divestitures, recapitalizations, equity allocations, LBOs, ESOPs, estate planning, and financial reporting.

Ms. Puiggali holds the designations of both chartered financial analyst (CFA) and accredited senior appraiser (ASA). In addition, she earned a master’s degree in finance and a bachelor’s degree in business administration from the University of Paris Dauphine.