Quick-hit visual summaries of the leading economic and financial indicators in major economic markets.
How are privately held unicorns’ valuations faring in the age of COVID?
In Q3 2020, secondary equity and credit markets rebounded, primary equity and levered finance markets reopened, and the price of risk declined.
As we head into Q4 2020, the new normal in private capital markets has fully set in, generally defined by prudence and caution, albeit a work in progress.
Both public and private companies carrying minority equity stakes at cost under FASB ASC 321 may need to fair value them due to COVID-19.
Business Development Company market participants are focused keenly on valuation in the wake of the novel coronavirus and the impact on their underlying portfolio investments.
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.
Just for fun, guest author, Dwight Grant, illustrates the use of probability simulation versus the “what if” scenarios of golf’s upcoming FedEx Cup.
The BDC Roundtable will bring together BDC executives, asset managers, and fund sponsors, either managing existing or exploring new BDC structures, accounting executives, legal experts, bankers, and various other industry participants serving the BDC community.