Valuation Research Corp.
U.S. markets are increasingly balancing resilient economic fundamentals against renewed inflation pressures, rising interest rates, and growing geopolitical uncertainty.
The SEC’s latest statement does not create new rules for private credit valuations, but it raises expectations for valuation rigor, fair value measurement, disclosure transparency, and audit support.
SEC oversight and FASB activity are raising expectations for private market transparency, valuation governance, liquidity disclosure, and conflict management.
The same structural features that support capital efficiency also create differentiated valuation treatment for the rated debt and equity interests.
Private credit markets are shaped as much by law as by capital, making regulatory strategy a competitive advantage for managers operating across the U.S. and Europe.
Valuation practices for private credit assets have evolved from informal, manager-driven processes into structured programs shaped by accounting standards, governance expectations, and regulatory oversight.
Private markets are stabilizing in 2026, but outcomes are increasingly driven by selectivity, credit quality, and sector-specific dynamics.
Mid-year update highlights the most relevant trends shaping M&A, Private Equity, and Private Credit
Valuation at the point of transfer in a season and sell transaction plays an important role in supporting consistency with fair value principles and aligning with investor expectations.
An overview of U.S. structured risk transfer market growth, private credit interest, and the valuation considerations of SRT credit‑linked notes.
Private credit’s growth in the U.S. and Europe was shaped by different regulatory paths that continue to define governance, valuation, and cross‑border fund operations.
Semi-liquid evergreen funds require faster valuation timelines and disciplined processes to ensure marks remain supportable as new information emerges.
Insights from the SEC roundtable on retail access to private markets, focusing on valuation governance, Rule 2a-5 oversight, and NAV considerations.
Explore the key differences between 3(c)(1) and 3(c)(7) private fund exemptions, including investor eligibility, fund limits, and implications for fund sponsors.
VRC’s survey reveals how long private credit funds believe historical cost represents fair value for new investments
Establishing a daily valuation process requires seasoned judgment, rigorous methodologies, and scalable technology – especially as retail investors transact at NAV.
New article explores how retail access to private markets is fueling demand for daily valuations and fund-level transparency.
As private markets grow and valuation frequency increases, disciplined policies, independent governance, and data-anchored analyses are essential to producing consistent, defensible marks.
As private credit continues to evolve, Annual Recurring Revenue (ARR) has emerged as a cornerstone metric for evaluating the performance and risk profile of subscription-based growth companies, offering lenders a new avenue to tap into the early-stage growth market and achieve attractive risk-adjusted returns.
The complex valuation dynamics of secondary LP transactions and why discounts to NAV don’t necessarily indicate overvalued underlying assets.
Explosive growth in private credit markets is outpacing technology and valuation processes, creating operational challenges, and driving a need for innovative solutions and AI integration to meet evolving fund structures and increasing data demands.
Explore the strengths that ensure stability in the private credit markets from a review of risk considerations to reporting requirements to how market variables can impact valuations.