COVID-19: Special Valuation Guidance for Estimating Fair Value is Published
Published 3 April 2020
Category: AIFs
To help fund managers address the consequences of the COVID-19 pandemic in portfolio company valuations, the International Private Equity & Venture Capital Valuation Guidelines Board has published special valuation guidance for estimating fair value at 31 March 2020.
While fair value continues to provide investors with the most consistent and comparable information, the special valuation guidance highlights, among others, that it may no longer be appropriate for recent transaction prices, especially those from before the expansion of the pandemic, to receive significant, if any, weight in determining fair value.
The special valuation guidance is available here.
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