Czapla to Accounting Today: “Don’t expect any drastic changes in the guide when it’s finally released.”
In response to a growing demand for client portfolio valuations in the areas of both private equity and credit, we are pleased to welcome six new, talented colleagues.
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.
As the demand for transparency rises for private equity and hedge funds, the spotlight has been turned toward valuation practices.
A shareholder of a closely-held hedge fund was not receiving the appropriate level of compensation per agreement with the controlling interest shareholder.
The asymmetric nature of carried interests requires the consideration of a range of scenarios.
Valuation specialists must be prepared to defend the choice of valuation methodology, assumptions and judgments to those who depend on valuations.