Impact of current uncertainty on quarterly AIF valuations for Directors
The current pandemic-linked financial turmoil hitting most industries and sectors poses major challenges to companies globally. Investors as well as investees face a high level of uncertainty, which has direct impacts on financial reporting of Private Equity and Real Estate funds, in particular for AIFMs that must assess the fair value of their illiquid investments on a regularly basis.
This webinar addresses general questions and practical implications on financial reporting and valuation matters in uncertain times as currently experienced with the ongoing COVID19 crisis.
The main features of the program are:
· Introduction with a focus on the obligations of directors, including:
o Duties of board members during a crisis,
o Duties of directors with regards to quarterly reporting and more specifically valuation,
o Signoff of NAVs for funds,
o Regulatory framework.
· The practical view of a Director
o Practical challenges faced in looking at Q1 2020 valuations in the light of recent market uncertainties
o Explanation of how valuation has been approached by certain PE houses and how the board has been involved within the valuation process under current exceptional circumstances
· Valuation of alternative investments during times of crisis
o Accuracy of valuation analysis during periods of high volatility
o Appropriateness of valuation methodologies during a crisis
o Points of attention to be addressed by a director of AIFs on valuation matters
· Wrap up
o Key takeaways
Executive, non-executive and independent directors of Alternative Investments Funds and related areas of expertise.