Why VRC for Portfolio Valuation?
Learn why eminent private fund managers and their boards rely on our team.
BDC Roundtable Participants Lean Heavily on VRC’s Czapla for Guidance on Navigating COVID Fallout
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.
VRC’s John Czapla to Present at Eversheds Sutherland’s BDC Roundtable
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 50-Year Vintage: Great for wines, but not valuation (Opinion)
A prudent recap and opinion on the proposed steps the SEC is taking toward modernizing fund valuation guidance.
SEC Proposes Rule 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.
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.
Sarit Rapport
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…
Lucy Lee
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…
‘Insulated, But Not Immune.’ How Private Loan Players View the Post-Credit Crunch World
Though portfolios and deal pipelines weren’t completely inoculated against the downturn, several structural features of the mid-market lending space weathered the storm.
Valuing Private Equity & Private Debt
Private equity and private debt investors are acutely focused on new AICPA Guidance that recommends a “calibration” approach for valuing private securities.