Mon, Apr 13, 2020

David Larsen Talks About the Current Market Shock

David Larsen, Managing Director in Duff & Phelps Alternative Asset Advisory practice, was recently quoted in a Private Debt Investor article titled, “Unique Market Shock Poses Significant Challenges in Valuation.”

David commented: “The current market turmoil affects fair value in two fundamental ways: market participants translate increased uncertainty into additional risk, and the risk associated with payment of interest and principal increases when the credit quality of a borrower decreases.”

“When faced with these risks, market participants require additional rates of return, which increases the yield on a private debt investment and decreases the value of the investment,” he added.

Subscribers of Private Debt Investor can read the full story here.

Valuation Advisory Services

Our valuation experts provide valuation services for financial reporting, tax, investment and risk management purposes.

Alternative Asset Advisory

Heightened regulatory concerns and vigilance, together with increased investor scrutiny, have led to increased demand for independent expert advice.

Portfolio Valuation

Kroll specializes in assisting clients with the valuation of alternative investments, specifically securities and positions for which there are no "active market" quotations.