In May 2018, the AICPA’s Private Equity and Venture Capital Task Force released a working draft of an accounting and valuation guide: Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies (the “Guide”). The final publication is expected to be released in 2019 and is likely to become the “gold standard” that will be applied by investment fund valuation committees and their auditors in evaluating the fair values of portfolio companies. This article is part of a multi-part series exploring the key topics of the Guide and related implementation matters
... Read more »The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on Banking
... Read more »Timely insights shared by the panel of allocators (Ringmasters) at the June 27th Deal Ring event in Chicago
... Read more »There are numerous factors which can degrade our performance from a psychological perspective. Today I’ll begin with three of them, and offer a few tricks I use as a fund manager to assist in neutralizing sub optimal decision making
... Read more »On June 19th, 2019, Facebook revealed a 100-page white paper, with some of the details behind its involvement in the “Libra” cryptocurrency. Some analysts were quick to state that Facebook just “reinvented money”. The purpose of this note is to summarize that detailed white paper and breakdown the risks and opportunities for the entire payment ecosystem.
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