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.
The BDC Roundtable will bring together BDC executives, asset managers, and fund sponsors, either managing existing or exploring new BDC structures, accounting executives, legal experts, bankers, and various other industry participants serving the BDC community.
A prudent recap and opinion on the proposed steps the SEC is taking toward modernizing fund valuation guidance.
The SEC has Proposed Rule 2-a5, which will update its fund valuation guidance for the first time in 50 years, establishing a board’s responsibilities as it pertains to a fund’s determination of their investments.
The SEC recently announced, as a response to COVID-19, they will provide temporary exemptions to BDCs to issue and sell senior securities.
Ms. Rapport is part of the portfolio valuation group specializing in valuations of privately-held debt securities, equity securities, CLO debt securities, CLO equity securities, and…
Ms. Lee specializes in business enterprise valuations, purchase price allocations, goodwill impairment testing, and securities valuations for financial and reporting and tax purposes. Ms. Lee…
Though portfolios and deal pipelines weren’t completely inoculated against the downturn, several structural features of the mid-market lending space weathered the storm.
Private equity and private debt investors are acutely focused on new AICPA Guidance that recommends a “calibration” approach for valuing private securities.
Mr. Paraboschi is a part of the portfolio valuation group specializing in valuations of complex and structured investments, including CLO securities, leveraged lending funds, middle…