Mutual funds in search of higher returns have increasingly invested in equity and debt securities of private companies. These securities can often be more challenging to value as they generally do not have the same degree of market information or liquidity as other securities.
This whitepaper, Valuation considerations pertaining to investments in debt and equity of private companies by mutual funds, discusses the valuation framework applicable to equity and debt securities as well as important concepts related to performing and overseeing the valuation process as it pertains to these investments.
Read the paper to learn more about:
For the valuation of portfolio company investments of venture capital and private equity funds and other investment companies