Coronavirus Pandemic Scrambles Private-Equity Valuations

New York, NY
May 15, 2020

Featured in The Wall Street Journal, I had the opportunity to share my industry perspective from a private equity standpoint about how investors are viewing and approaching business valuations during the #coronavirus pandemic. View the full article below.

Investors in private-equity funds are focusing more intently on how fund managers value their assets as they brace for further markdowns in their portfolios over the next quarter or two. Some are questioning how much they can rely on the valuations they receive from managers as the coronavirus pandemic continues.

“Nobody knows how to value a business right now,” said Paul Aversano, managing director and global practice leader in global transaction advisory at consulting firm Alvarez and Marsal. “There is no precedent for valuations really in this market, but, at some point, someone will figure out a reasonable way and that will become some sort of industry standard.”

Source: The Wall Street Journal