Garrett Sullivan

Mr. Sullivan is part of the portfolio valuation group specializing in valuations of business enterprises and illiquid privately-held debt and equity securities for tax and…

Q2 2020 Economic Snapshots

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

COVID-19 & Portfolio Securities Valuation

A Q2 2020 update on credit spreads and required returns.

Industry Index Discounted Spreads in Valuations

Considering the virus’ material impact on specific industries, we’ve seen a greater emphasis on secondary industry-specific loan indexes when controlling for credit risk.

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.

COVID-19: Event Timeline (Updated June 2020)

VRC continues to identify potential triggering events of the health and financial crisis as we help clients with financial reporting in our preparation of valuations.

COVID-19: Event Timeline

Tracking the socioeconomic disruption of the coronavirus pandemic.

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.

Q1 2020 Economic Snapshots

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

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.