COVID-19 and the Impact on Private Equity

The COVID-19 market dislocation could be compared, not only to the Great Recession, but also—inversely—to the “irrational exuberance” of the dot-com era.

COVID-19: Impact on Midstream Energy Companies Will Take Time to Play Out

As midstream companies consider the impact of the pandemic, their concerns range from immediate questions of intangible asset impairment to longer-term questions about structural impacts on the market.

Q1 2020 Economic Snapshots

Quick-hit visual summaries of the leading economic and financial indicators in major economic markets.

SEC Requires Third-Party Fairness Opinion Certificate for BDCs

The SEC recently announced, as a response to COVID-19, they will provide temporary exemptions to BDCs to issue and sell senior securities.

Private Credit Managers Grapple with Growing Pains

As private credit manager valuation leaders scrutinize how to optimize their internal teams, they also are leveraging technology tools and third-party service providers—both domestic and offshore—to meet the demands of scale.

Adopting Fresh Start Reporting when Emerging from Bankruptcy

Even with a massive infusion of federal funding for businesses, a rise in bankruptcies is beginning.

COVID-19: An Orderly Repricing of Risk in Private Debt

The only comparable event to the spread of the virus for modern private capital markets is the Great Recession, but there are some key differences this time.

COVID-19 and Portfolio Securities Valuation: Understanding the Impacts on Credit Spread

While secondary indexes are good barometers of investor sentiment and market trends, the levels reflected may not fully reflect company fundamentals and deal pricing, reflecting the new normal in a COVID-19 economic environment.

COVID-19: Anxious Times for Financial Statement Preparers Worried About Goodwill Impairment

The impact of the proliferation of coronavirus cases on financial markets is creating challenges for companies attempting to wrap up quarterly reporting.

Bulls vs. Bears vs. COVID-19: How do Control Premiums Change?

In light of the current market downturn, can we anticipate the impact on control premiums? VRC analyzed the data.