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In a recent webcast, Duff & Phelps’ managing directors discussed how best to reflect the impact of COVID-19 on measuring and reporting fair value for the March 31, 2020 quarter end.
David Larsen, Managing Director in the Portfolio Valuation practice, says that investors should seek guidance from their GPs regarding discounts. Limited partners wanting to value their funds’ interests amid the COVID-19 crisis should start by calling their managers and asking for guidance and discounts.
David’s insights were featured in an article in Secondaries Investor that was also published in Private Equity International and Private Funds CFO.
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