In the midst of the COVID-19 pandemic, investors in private debt and equity investments must estimate fair value at March 31, 2020. To assist with these difficult, yet critical, judgements, the International Private Equity & Venture Capital Valuation Guidelines Board (“the IPEV Board”) issued special guidance to assist investment managers as they apply the IPEV Valuation Guidelines when estimating fair value at March 31, 2020. Over the past 15 years the IPEV Board has continued to update the IPEV Valuation guidelines to provide a best practice roadmap to assist in estimating the fair value of hard to value non-traded or infrequently traded debt and equity investments.
View press release here.