Portfolio Valuations
Valuation of Alternative Investments
Given the difficulty of valuing illiquid assets and the potential for conflict of interest, hedge funds, private equity firms, and other investment managers and financial institutions are receiving greater attention from regulators, investors, auditors, politicians, and other industry participants, with the trend toward a well defined and consistently applied valuation policy that complies with the relevant reporting standards, greater transparency and independence. As the securities held by investors are becoming increasingly complex and continue to rise in number and value, the need for independent third-party valuation services has become essential to enhancing the credibility and transparency of investor reporting and provide benchmarks and support for fund raising and management fees.
Our Services
Our portfolio valuation advisory services are designed to provide our clients with independent valuation assistance of a single investment to entire portfolios of investments. Through years of working closely with regulators, auditors, and some of the world’s largest private investment funds, third-party administrators and investors, Houlihan Capital brings extensive and unparalleled industry specific experience. We also help to assure compliance with a fund’s applicable accounting standards, including ASC 820 (formerly SFAS 157) and provide independent assessments of an entities fair value and valuation policies, procedures and results. Houlihan Capital values a broad range of complex securities (both foreign and domestic), strategies and derivatives, including:
- Illiquid Debt and Equity Securities
- Mortgage-Back Securities
- Common and Preferred equity
- Structured Products
- Derivatives
- Equity and Credit Swaps
- PIPE’s
- LP Interests
- Warrants and Options
- Auction Rate Securities
Our Clients
We provide portfolio valuation advisory services to a variety of organizations, including:
- Hedge Funds
- Sovereign Wealth Funds
- Private Equity Funds
- Federal and State Investment Funds
- Fund of Funds
- Nonprofit Organizations
- Pension Funds, public and private
- Pension Funds
- Corporations
- Endowments
- Fund Administrators
HOULIHAN CAPITAL (“Houlihan”) is a leading, solutions-driven valuation, financial advisory and boutique investment banking firm, which (1) through its Valuation and Financial Advisory group, an array of services ranging from portfolio valuation, transaction opinions, tax, financial reporting compliance and a wide variety of other consulting services, and (2) through its investment banking group, sell side/buy side advisory, private placement and capital raises to public and private middle-market businesses.
