Valuations

Some firms have been left confused about IPEV's most recent rule change. Here's what they can do to adjust.

It’s Tuesday, so we are focusing on the nitty-gritty of the finance function. Dramatic events at Abraaj are throwing yet more attention on the business of valuations.

Blue chip managers are using stapled secondaries deals to boost fundraising and provide liquidity to LPs. In this 17-minute podcast, lawyers from Proskauer, Debevoise & Plimpton and MJ Hudson discuss how GPs and LPs should approach this increasing transaction type.

In the wake of the Theranos scandal, some managers fret that if their own unicorns fail to meet expectations, investors may resort to litigation. It’s unlikely, but possible.

Tom Angell, practice leader of WithumSmith+Brown’s Financial Services Group, outlines the AICPA’s new valuation guide and how managers can keep LPs and a vigilant SEC happy by mitigating financial reporting risk.

As the Abraaj case plays out in the criminal courts, the impact on private equity investors and the GP-LP relationship will become palpable.

Private equity valuations shouldn't feel a major impact from the new revenue recognition rules, writes PJ Patel, senior managing director and co-CEO of Valuation Research Corp. But valuation professionals should pay attention to certain accounting standards that are on the horizon.

The processes – and LPs’ interest in them – have evolved significantly over the past few years. Six experts tell pfm what the future holds.

Tax reform, the public market, outsourcing and the regulator are all factors that private funds managers will have to consider when it comes to their calculations.