Fair Value reporting has been around globally since 1940. Private capital as an asset class is now in its third decade in India and attracts institutional investors from all geographies, most of whom require fair value reporting. As is evident in recent years, valuations are a critical and core issue for all stakeholders in the fund space as there is a need to demonstrate robust processes and procedures around the subjective task of ascribing fair value to privately held (i.e. unlisted) investments.
This page will provide several guidelines, tools and resources and perspectives that we believe could be leveraged by general partners, their board of directors, valuation professionals, auditors and other stake holders in performing their fiduciary duties.
Investor scrutiny and requirements from auditors and regulators have become more pronounced. Watch this space for updates from time to time.
Following are the latest industry guidelines on valuation:
- Working draft of AICPA Accounting and Valuation guide for PE/VCs (released May 2018)
- Working draft of AICPA Accounting and Valuation guide for PE/VCs- Appendixes A-C, Glossary (released May 2018)
- International Private Equity and Venture Capital (IPEV) Guidelines (December 2018)
The below interactive tools help our clients access our technical and industry expertise:
Cost of Capital Navigator
The Duff & Phelps Cost of Capital Navigator is a web-based resource for calculating cost of equity capital.
Valuation Insights Industry Market Multiples
View and download market multiples, and analyze trends over the last five years by industry, geography and multiple type.
Interactive, web-based tool that can assist you in better analyzing cost of capital
Webcast Replay: The New Valuation Credential - How Will It Impact the Alternative Asset Industry?
Secondary Market Advisory Newsletter - July 2018
Valuation Insights, Second Quarter 2018
Private Debt Investments Under IFRS 9 - All Roads Lead to Fair Value
Duff & Phelps 2018 Valuation Handbook – International Guide to Cost of Capital
Global Enforcement Review 2018
Chris Franzek and Rishi Aswani Discuss Trends in Portfolio Valuation with VC Circle
Rishi Aswani featured in Indian Private Equity & Venture Capital Association Journal
Duff & Phelps Director Rishi Aswani Featured in VCCircle on the Need for a Good Portfolio Valuation Process for Funds
Chris Franzek and David Larsen Published in Pensions Investments Valuing Fund Interests of Increasing Concern
Objective valuations for financial reporting, tax and management planning purposes.Valuation Services
Alternative investment valuation for private equity and hedge funds.Portfolio Valuation
Compliance and Regulatory Consulting
Local and global compliance expertise for the financial services industry.Compliance and Regulatory Consulting
- Litigation and Disputes
- Regulatory Change