This video is sponsored by Withum
There’s been little but market chaos since the pandemic began, throwing a wrench in the works for valuations models. Withum financial services practice leader Tom Angell discusses how managers have been adapting in the face of disorderly markets.
“Anybody that had valuations based on public markets really had to take a harder look,” Angell says in his conversation with Private Funds CFO editor Graham Bippart. “On the other hand, if we were doing more discounted cashflows and that was a major portion of your valuation, it wasn’t going to be affected as much by the market itself.”