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Off the Mark: Business Development Companies’ Discrepancies in Fair Value Reporting of Loan Values

Off the Mark: Business Development Companies’ Discrepancies in Fair Value Reporting of Loan Values

Current SEC regulations require that companies use market values when appraising their assets to fair value. When market prices are not immediately apparent though, as in the case of BDC loans, determining a fair value becomes a less uniform process. While Accounting Series Releases 113 and 118 provide some guidance on marking illiquid assets toRead more about Off the Mark: Business Development Companies’ Discrepancies in Fair Value Reporting of Loan Values[…]

The Rise of Family Offices: Direct Investments

The Rise of Family Offices: Direct Investments

Single family offices currently account for more than $2.4 trillion in investable capital globally, making them sizable competition to the Private Equity and Hedge Fund industry.   As the number of high net worth individuals increases around the world, the family office industry continues to blossom, as does its investment strategy.  The current trend is aRead more about The Rise of Family Offices: Direct Investments[…]