Valuations

Investors are in for a long-overdue reunion with more pedestrian performance and other adverse outcomes of the evolving economic situation. The coming PE-induced financial crisis predicted by some is harder to see.

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.

Rising inflation is set to cause additional challenges for the private funds industry, particularly when it comes to valuations and risk assessments.

Petra Funds arrives as the weight of back-office burdens is set to grow. Regulators are starting to roll out proposals aimed at making private markets more transparent and leveling the playing field.

Whether it’s tenders, intervals, evergreens or hybrids, the private funds industry is seeing a re-emergence of novel fund structures. We spoke to managers and service providers trying to tap a growing base of investors.

The benchmark that has underpinned vast numbers of financial instruments globally is coming to an end. But there is a lively debate around what will replace it, and how suitable that replacement will be in the event of a crisis.

John Czapla of valuations firm VRC takes a look at inflation expectations, and what might happen if the Federal Reserve and markets have misread them.

Daily fair valuing of assets will be the long-term future, said valuation experts on an online panel hosted by Kroll. But what’s realistic in the nearer term?

A recent interpretation of accounting rules regarding warrants from the SEC has put the SPAC market on ice, fast. But will it affect valuations, in the long run?