Valuation for hard to value assets have always been challenging for asset managers. Setting the right balance between what would be considered “Fair Value” as defined by financial reporting standards and derived by various financial models vs. actual sale price the asset realizes during an exit has always been a point of contention between fund managers and their auditors. In this episode, valuation guidance for asset managers during a period of uncertainty, you will hear from Robb Doub, General Partner of New Markets Venture Partners, Ravi Nonavenakere, Audit Partner, RSM US LLP, and Caleb Cushing, Managing Director, Ernst & Young LLP, share their perspectives on the various challenges faced by the industry in calculating the fair value and have a healthy debate on this topic, each coming from a different perspectives.
Hemant Shah
Director of Client Relations
Piedmont Fund Services
Caleb Cushing
Managing Director
EY
Robb Doub
General Partner
New Markets Venture Partners
Ravi Nonavenakere
Audit Partner
RSM