With Great Access to Capital Comes Great Responsibility

Credit, especially senior credit, stands out from its peers in what many allocators consider a late stage in the economic cycle.

Convertible Notes Valuation

The valuation challenge with a hybrid security is to consider both the equity and debt components in a combined framework – this challenge is not without its tradeoffs.

Kevin Rowley

Mr. Rowley is a part of the portfolio valuation group specializing in valuations of complex investments, including residential mortgage investments, venture capital, privately-held debt securities,…

Accounting and Valuation Conference Tackles Critical Issues for Credit Funds

Ahead of an uncertain 2018, senior VRC professionals provided their insights regarding trends in accounting, valuation, taxes and other industry practices.

Michael Park

Michael Park is a part of the portfolio valuation group specializing in the valuation of illiquid securities, including privately-held equity securities, fixed income securities, various…

Ryan MacLean

Mr. MacLean is a part of the portfolio valuation group specializing in valuations of privately-held debt securities, equity securities, CLO equity securities, and business enterprises…

AICPA Guidance for Valuing Complex Equity Capital Structures

Rob Barnett discusses the AICPA’s updated guidance to its original Practice Aid regarding the valuation of equity securities of privately-held companies.