Birnbaum, Walling on Valuing Private Energy Debt and Equity in Private Funds CFO
As seen in the newest issue of Private Funds CFO, Jeff Birnbaum and Chris Walling discuss the implications of the pandemic for the sector.
Private Credit Market Update
Private asset valuations snapped back in Q2 as the economy began to reopen, and private capital investors took concrete steps to shore up portfolio companies.
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.
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.
Leon Li
Mr. Li specializes in valuing complex securities including options, warrants, fixed income and credit derivatives, structured products and other derivatives. Prior to joining VRC, Mr.…
COVID-19: An Orderly Repricing of Risk in Private Debt
The only comparable event to the spread of the virus for modern private capital markets is the Great Recession, but there are some key differences this time.
Valuation in Times of Uncertainty
Webcast Replay: What valuation impacts are companies feeling as a result of the market and economic disruptions created by the COVID-19 pandemic?
VRC’s Sarit Rapport Named President of NY Appraiser Society
Rapport, a member of VRC’s Portfolio Valuation Group and has served on the ASA’s board for several years, was elected president last fall.
Pablo Alfaro
Mr. Alfaro specializes in valuing complex securities including options, warrants, convertible bonds, and preferred and common stock in privately-held companies. He has extensive experience valuing…