Syndicated markets experienced increased volatility and widening in some secondary markets as capital markets as central bankers tighten policy to combat inflation and the Russian invasion of Ukraine.
Post-Q4 2021, investors are reporting a greater willingness to underwrite more storied, high COVID impacted, or marginal issuers.
What makes valuing venture debt investments unique compared to debt investments in more established companies?
As we reflect on the private credit market in Q3 2021, direct lenders and private equity sponsors note trends remain similar to Q2.
The new buzz phrase—”monthly valuation”—is taxing internal valuation teams and redefining relationships between fund sponsors and valuation providers.
Learn why eminent private fund managers and their boards rely on our team.
Considering competitive market dynamics, market participants report a tightening in credit spreads since Q2 2020 and generally stable credit spreads in 2Q21.
VRC’s Rule 2a-5 Resource Guide provides the details fund managers and fund boards need to come into compliance with the SEC’s new regulations to fair value portfolio securities.
The SEC has been clear. They will continue to keep a close watch on SPAC filings and disclosures and their private targets.
Related-party transactions between PE funds and their portfolio companies are fraught with the potential to create issues between limited partners. Fairness opinions can forestall such conflicts.