Czapla to Accounting Today: “Don’t expect any drastic changes in the guide when it’s finally released.”
How did a roomful of credit managers learn to stop worrying and love the AICPA Private Securities Valuation Guide?
A hedge fund client held convertible note in a company that restructured outstanding debt. As part of restructure, the note was exchanged for two separate Term Loans.
Credit, especially senior credit, stands out from its peers in what many allocators consider a late stage in the economic cycle.
Ahead of an uncertain 2018, senior VRC professionals provided their insights regarding trends in accounting, valuation, taxes and other industry practices.
A shareholder of a closely-held hedge fund was not receiving the appropriate level of compensation per agreement with the controlling interest shareholder.