The economic impact of government and public health actions to reduce the spread of COVID-19 has created massive unemployment, liquidity concerns and significant uncertainty. Many cities, states and countries have started to “reopen” their economies with the impact on businesses and the health of the populace uncertain.
As a follow-up to our March and April 2020 webcasts focused on valuing private investments, we will discuss key concerns and suggestions for estimating fair value at June 30, 2020. Our experts will answer questions and discuss practical steps fund managers and investors in non-traded or infrequently traded equity, debt and structured product investments can take as they exercise their fiduciary duty to report independent and credible fair value information to investors and stakeholders.
Please submit your questions in advance and join us on June 10, 2020.
Schedule: 12:00 p.m. – 1:15 p.m. ET
- What has changed economically from March 31 and how should those changes be reflected when valuing illiquid investments at June 30, 2020?
- Public markets remain volatile but have rebounded to some extent. Does this mean that the valuation of private investments has also rebounded?
- Should portfolio companies be expected to reforecast every quarter in the current environment?
- Does the current economic environment make calibration less meaningful?
- Valuation of specific investment types including early stage (VC), LP interests, structured products, real estate, private debt, private equity and energy-related investments.
- David Larsen, Managing Director, Portfolio Valuation, U.S.
- Ross Hostetter, Managing Director, Portfolio Valuation, U.S.
- Ryan McNelley, Managing Director, Portfolio Valuation, EMEA
- David Scott, Managing Director and Co-Leader Energy & Mining, Portfolio Valuation, U.S.
- Ross Prindle, Managing Director and Global Head of the Real Estate Advisory Group
- Jennifer Press, Managing Director, Financial Instruments and Technology, U.S
CPE Credit: CPE credit will be provided.