Jennifer Banzaca
The best way to determine if net asset values reflect reality is to perform a fundamental valuation of each of the individual assets in GP-led process, writes Duff & Phelps's David Lee.
Cyber risk, an increasingly active OCIE and hyped up unicorn valuations are among the biggest regulatory and litigation risks facing private funds this year, say lawyers from Proskauer.
Community-adjusted EBITDA is being used to justify sky-high valuations. There are good reasons for skepticism, says Anthony Alfonso of BDO.
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