David Larsen Why Fair Value is of Critical Importance

The valuation framework is as crucial as it has ever been. David Larsen, a managing director at Duff & Phelps, discusses why both LPs and GPs need to rigorously determine fair value and why it is critically important for them to adhere to fair value measurements.

Read the full article and see why fair value, while requiring informed judgement, continues to be the best basis for reporting and monitoring investments.
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