ASC 820 during the Coronavirus
Hey Wall Street Oasis
A questions for those who work in private equity.
So, for the longest time, the most favored approach of valuing privately held investments in PE has been to the peg them to comparable public companies. However, given the dip in the equity markets that happened in March, what do you think is the best approach to arrive a fair value, when there is 'orderly market' to transact on? What is the policy your firm is taking to valuation after the coronaviurs?
Peace
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