Valuation Q&A for Business Development Companies

Once we understand the investment thesis and portfolio, VRC focuses on their valuation process.

Equity Incentive Awards Based on Total Shareholder Return

Share-based payments have led to boardroom creativity around an equity incentive award’s design, prompting developments in valuation approaches.

Key Value Drivers in Wealth Management Firms

Wealth management is human capital driven, which is measured through the financial operating results of the business.

Understanding Convertible Debt Valuation

At a time of generally low interest rates, convertible notes are alternatives to straight debt securities.

Techniques for Valuing Carried Interest

In receiving value only if a threshold is met, carried interests have an asymmetric payoff similar to a stock option.

Accounting’s 21st Century Challenge: How to Value Intangible Assets

How do you attach a price tag to something you can’t see or touch?

Landmark Decisions: The Valuation Process for Long-lived Assets Learned From the Panama Canal

In 2014, the Panama Canal Authority embarked on a project to obtain a valuation for the locks, dams, power plants, and other structures of the Panama Canal for insurance purposes.

Westlaw Journal, Delaware Corporate: Weak vs. Strong Fairness Opinions

How do board members know they have received a strong fairness opinion? What factors should apply when assessing the opinion’s strength?

PE Q&A: VRC Talks Trends in Valuation and What to Expect in 2016

VRC professionals contribute to Pitchbook’s 2016 Crystal Ball Report.

Accounting Today: Understanding and Valuing S Corporations

After some key court decisions, the process for valuing S Corps has changed.