While secondary indexes are good barometers of investor sentiment and market trends, the levels reflected may not fully reflect company fundamentals and deal pricing, reflecting the new normal in a COVID-19 economic environment.
Webcast Replay: What valuation impacts are companies feeling as a result of the market and economic disruptions created by the COVID-19 pandemic?
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.
Mr. Balynsky has been appointed as the Valuation Observer to the AICPA’s Financial Reporting Executive Committee.
Rollover equity is a common element of purchase consideration used by PE investors. It is also a complex structure with important valuation implications.
CLO vehicles are the lifeblood that helps keep the syndicated loan market humming.
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.