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 potential effects adding to the uncertainty.
As a follow-up to our May 2020 webcasts focused on valuing private investments, we will discuss key concerns and suggestions for estimating fair value at 30 June, 2020. Our experts will answer questions and discuss practical steps fund managers and investors in non-traded or infrequently traded equity, debt and real estate investments can take as they exercise their fiduciary duty to report independent and credible fair value information to investors and stakeholders.
Schedule: 11:30 a.m. – 12:30 p.m. Gulf Standard Time
- What has changed economically from 31 March and how should those changes be reflected when valuing illiquid investments at 30 June, 2020?
- Should portfolio companies be expected to reforecast every quarter in the current environment?
- Does the current market volatility and rebound despite the current economic environment make the market approach less meaningful?
- How much weight, if any, should be placed on recent transactions?