Venture Capital and Private Equity
The movement toward fair value accounting is requiring venture capital and other private equity investors to obtain independent valuations of their portfolio holdings in response to ASC 820 (formerly FAS 157). And some limited partners, such as funds-of-funds, are requesting independent appraisals to reconcile the values reported for a company held in several different venture portfolios.
Audit firms have been pushing venture capital funds to provide greater support for the values assigned to individual companies. For 2008 results, auditors required the finance staff of venture capital funds to perform more analysis than ever before and it looks as though the requirements for 2009 remained stringent.
Teknos offers a range of services to venture capital and other private equity firms to assist with these valuation and reporting requirements, from providing complete valuations of the most significant portfolio companies to offering analytical support to the venture capital firm finance staff (e.g. comparable company selection and metrics to support value ranges).
To initiate a discussion about how we could support you in venture capital or private equity reporting, please contact us: .(JavaScript must be enabled to view this email address)