'There are enough yellow and orange flags, if not red flags, that show valuations may not reflect what an orderly market transaction should reflect.'
Many advisers hold Monday morning monitoring meetings, where they discuss the state of financials. “That’s the information they should be using for valuation.”
Winding up legacy funds and side pocket investment vehicles can improve performance and free up investment capital, outweighing the cost of fairness opinions, writes VRC valuations expert Chad Rucker.
The high cost of operations, capital constraints and an attraction to specialists are all factors driving M&A activity among PE firms.
Getting a second opinion on certain fairness opinions during energy M&A transactions can go a long way to ensuring that the best interest of the company and its stakeholders are met, writes James Hanson of Opportune Partners.
Relying too much on implied value derived from a deal’s price can cause reporting, compensation and other issues for management teams, writes Stout managing director Jeremy Krasner.
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How private equity managers are looking to insurance collateral funding to boost IRR and help portfolio companies fund growth.
A considerable drop in the number of capital calls made by private capital funds comes as no surprise to those in the asset class, as managers have increasingly been looking to subscription lines to simplify investments.
The accounting firm also named a new global private equity leader to spearhead the growth.