Monte Carlo Simulations and Golf’s 2020 FedEx Cup

Just for fun, guest author, Dwight Grant, illustrates the use of probability simulation versus the “what if” scenarios of golf’s upcoming FedEx Cup.

NFL Team Options: Value and Risk

The principles developed in valuing common stock options can provide insight into what sports contracts are worth and how they affect 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.

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.

Sarit Rapport

Ms. Rapport is part of the portfolio valuation group specializing in valuations of privately-held debt securities, equity securities, CLO debt securities, CLO equity securities, and…

Private Credit Players Taking AICPA Guidelines, Growing Market Pressures In Stride

Market participants embrace best practice guidance, adjust policies accordingly. But the AICPA’s best practices are not without challenges and intricacies for the private debt and private credit professional.

‘Insulated, But Not Immune.’ How Private Loan Players View the Post-Credit Crunch World

Though portfolios and deal pipelines weren’t completely inoculated against the downturn, several structural features of the mid-market lending space weathered the storm.

Valuing Private Equity & Private Debt

Private equity and private debt investors are acutely focused on new AICPA Guidance that recommends a “calibration” approach for valuing private securities.

Miller Featured in Mergers & Acquisitions Magazine

Mergers & Acquisitions says: “Today’s M&A market demands a robust set of tools and services. Enter service providers.” Ranked at #4, they say VRC’s valuation services are vital.

Charles Paraboschi

Mr. Paraboschi is a part of the portfolio valuation group specializing in valuations of complex and structured investments, including CLO securities, leveraged lending funds, middle…