Best Practices for Year-End Audit Preparation for your Investment Fund
Authored by Monica Blocker, Director, Houlihan Capital & Herbert M. Chain, CPA, Director, CBIZ Advisors As the year-end audit season approaches, proactive planning for the annual financial statement audit is essential. The audit process can be complex and demanding, but with careful preparation, your investment firm can not only meet reporting deadlines, but also make the process less “painless”. Below are practical insights and strategies to help you lay the groundwork for an effective and efficient audit. Build […]
A Modern Guide to Purchase Price Allocation
Introduction Purchase Price Allocation (“PPA”) has evolved from a compliance exercise to a strategic financial reporting decision. Recent SEC comment letter trends, paired with heightened IRS scrutiny of IRC Section 197 classifications, mean that methodology choices made at acquisition can influence financial outcomes years into the future. Understanding these implications helps companies avoid costly missteps and ensure that acquisition reporting supports long term […]
Interval Funds: Understanding Their Structure and the Drivers of Rapid Growth
Introduction At a recent industry conference, questions from fund managers and advisors highlighted both the growing interest in interval funds and the confusion surrounding their structure, liquidity mechanisms, and valuation requirements. These conversations underscored how rapidly interval funds have evolved from a niche investment structure into one of the fastest-growing segments of the retail alternatives […]
Continuation Vehicles in 2026: Market Growth, Governance Evolution, and Independent Valuation Requirements
Essential Insights for General Partners, January 2026 Insights informed by industry insights and market research. Executive Summary For general partners navigating continuation vehicle transactions, robust governancy is no longer best practice, it’s a regulatory and commercial imperative. Continuation vehicles (CVs) have evolved from niche liquidity solutions into mainstream portfolio management tools with transaction volume growing 40% year-over-year in 2024. In an environment marked by constrained exits, heightened […]
Houlihan Capital’s Crypto Market & VC Industry Report Q3 2025
As a leading and trusted valuation provider to the Cryptoasset & Blockchain industry, we are pleased to share our Crypto Market & VC Industry Report – Q3 2025 Update. This report provides the following for Q3 2025: Stats at a Glance Crypto Market Timeline Crypto VC Trends Venture Capital (All Sectors) Trends VC Deal Activity […]