PORTFOLIO VALUATION & Fund Advisory Services

Enhancing the credibility and transparency of your reporting

Given the difficulty of valuing illiquid assets and the potential for conflict of interest, private equity firms, hedge funds, other investment managers, and financial institutions can rely on us for independent third-party valuation services.

Our portfolio valuation services and expert advice can help clients enhance the credibility and transparency of investor reporting and provide benchmarks and support for fundraising and management fees. Whether you report under ASC 820 (SFAS 157) or IAS 39, the practice of reporting investments at cost until portfolio companies or securities are sold is no longer compliant under U.S. Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).

We are a leading advisor on valuations required under ASC 820 and IAS 39 due to our deep portfolio, private-company, and derivatives valuation experience, and our strong relationships with regulators and auditors.

We value a broad range of complex securities, strategies, and derivatives, including:

  • Illiquid debt and equity securities
  • Complex derivative instruments
  • Mortgage-backed securities
  • Collateralized debt obligations
  • Collateralized loan obligations
  • Auction-rate securities
  • PIPE investments
  • Leveraged loans, including senior secured debt, secured lien loans, and subordinated loans
  • Convertible arbitrage strategies
  • Joint venture investments
  • Trade claims and bankruptcy claims
  • Real estate investments
  • Emerging market securities

Derivatives Valuation & Risk Management
Fair Valuation for Financial Reporting
Fund Manager Valuation
Fund Opinions
Portfolio Acquisition & Divestiture Services
Securitization and Regulatory Compliance
Structured Products Valuation & Advisory
Valuation Governance and Best Practices

Portfolio Valuation & Fund Advisory Services Contacts:

Dr. Cindy Ma
Managing Director

Terence Tchen
Managing Director