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.
Also tagged ‘covid19’
byFounders x Mazanti x Cooley: Deal Terms Pre- and Post Corona
What impact is the ongoing situation having on the terms VCs offer to founders? Have the terms shifted in favor of the investors and will we be seeing less founder-friendly term sheets compared to what we’ve seen in recent years going forward?
covid19COVID-19: New Support Package for Startups
The Danish government has announced a line of measures aimed at helping startups during the COVID-19 pandemic. We've taken a deeper look at the support package and what it entails.
covid19COVID-19: How the Pandemic is Affecting the Startup Ecosystem
Based on discussions with founders, fund managers, business angels and other players in the Danish startup ecosystem, we have conducted a small analysis on fundraising trends in the light of COVID-19 as well an analysis on the existing support packages with a specific focus on the startup ecosystem.
covid19Other updates
The Omnibus Packages – EU postpones reporting obligations and transposition deadlines in the CSRD and CSDDD
In February, the EU unveiled the proposal for the Omnibus Simplification Package (the “Omnibus”), which includes a directive commonly referred to as the “Stop-the-Clock” directive, as it postpones certain reporting obligations and transposition deadlines, which has now been adopted.
CSDDDCSRDSustainabilityAmendment of Section 2C of the Danish Corporation Tax Act regarding reclassification of transparent entities
Section 2C of the Danish Corporation Tax Act regards the situation where a Danish corporate entity which is considered transparent for Danish tax purposes is treated as a tax opaque entity in the jurisdiction(s) of its owner(s).
Venture CapitalReport on advancing sustainable finance
The EU Commission advisory body, Platform on Sustainable Finance, has published a report on advancing sustainable finance focusing on technical criteria for new economic activities and first review of the Commission Delegated Regulation (EU) 2021/2139.
SustainabilityThe Danish FSA: Managers need to ensure truly sustainable investments
The Danish Financial Supervisory Authority (the “Danish FSA”) has initiated an inspection of three managers in September 2024.
SFDRSustainabilityThe Danish FSAThe Omnibus package and its impact on EU’s ESG regulation
Yesterday, the European Commission revealed the proposal for the Omnibus Simplification Package.
CSDDDCSRDDisclosure RequirementsSustainabilityThe Danish FSA has updated the report on fitness assessments
On 5 February 2025, the Danish FSA published a new and updated version of its report detailing its practice regarding the fitness assessment of board members, executive management members and key persons in financial businesses.
Danish RegulationGovernanceThe Danish FSA