Portfolio Valuation Best Practices Podcast
Portfolio Valuation: Best Practices
Matthew R. Crow, ASA, CFA and Travis W. Harms, CFA, CPA/ABV
Most illiquid investments are never subject to a gift or estate tax valuation, never have to valued for a divorce, and don't have an ESOP. Instead, most are held in portfolios managed by hedge funds, private equity funds, investment banking firms, among others. Where the money goes, opportunity follows. Traditionally, these investments were valued internally, and to a great extent that is still the case. But, increasingly, investors and regulators are demanding more transparency from these holders of illiquid investments with regard to their portfolio valuation process. And, increasingly, this is resulting in a call for outside valuation specialists to assist. This presentation provides best practices guidance for portfolio valuation.
Running Time: 14 minutes
Matthew R. Crow, ASA, CFA and Travis W. Harms, CFA, CPA/ABV
Most illiquid investments are never subject to a gift or estate tax valuation, never have to valued for a divorce, and don't have an ESOP. Instead, most are held in portfolios managed by hedge funds, private equity funds, investment banking firms, among others. Where the money goes, opportunity follows. Traditionally, these investments were valued internally, and to a great extent that is still the case. But, increasingly, investors and regulators are demanding more transparency from these holders of illiquid investments with regard to their portfolio valuation process. And, increasingly, this is resulting in a call for outside valuation specialists to assist. This presentation provides best practices guidance for portfolio valuation.
Running Time: 14 minutes