The increased focus on independence and governance along with regulatory changes are forcing a wide range of alternative asset investors and managers, including private equity firms, hedge funds, business development companies, limited partners, corporations and pension and endowment funds to seek objective valuation advice. Independent reviews of fair value policies, procedures and results provide comfort to investors, fund administrators and accounting managers as well as auditors regarding the entity's valuation assessment.
Duff & Phelps specializes in assisting clients with the valuation of alternative investments, specifically securities and positions for which there are no "active market" quotations. We also advise on valuation policy best practices.
Portfolio Valuation services include:
- Alternative assets valuation in accordance with SFAS 157: Fair Value Measurements and IAS 39 Financial Instruments: Recognition and Measurement
- Advice on emerging Fair Value issues initiated by FASB, IASB and governmental bodies
- Portfolio valuation best practices consulting for alternative asset investors and managers, private equity firms, hedge funds, business development companies, limited partners, corporations and pension and endowment funds, including practical guidance regarding industry standards such as the Private Equity Industry Group Guidelines (PEIGG) and International Private Equity Valuation (IPEV) guidelines
Regulatory Scrutiny of Alternative Investment Fund Valuations
Duff & Phelps Managing Director David Larsen discusses some of the primary concerns of the SEC and auditors with respect to valuation as well as how alternative investment managers must be prepared to respond.
Regulatory Environment Impacting Alternative Investment Funds
Duff & Phelps Managing Director David Larsen discusses the impact of the Dodd-Frank legislation as well as the purpose and focus of the SEC inspection program in this video segment.
AIFM Directive and the Independent Valuation Requirement
Duff & Phelps Managing Directors Chris Franzek and Mathias Schumacher discuss how they are working with fund managers to address the independent valuation requirement of the Directive in a new video.
Valuation: A Hidden Risk for Managers and Investors
View our sector reports, opinion pieces and analyses of topical valuation and risk management issues.