Mark McMahon, Global Practice Leader and Head of Alternative Investment Services for Alvarez & Marsal Valuation Services spoke at a webinar hosted by the Emerging Market Private Equity Association (EMPEA) the global industry association for private capital in emerging markets, on valuation issues during COVID-19.
Mark gave practical insights on quantifying COVID-related uncertainty and unique qualitative considerations when valuing private equity investments, as well as the unique challenges that differentiate this effort for credit funds. He also spoke on the operational hurdles the current environment poses to mid-sized funds, where middle and back-office strains can mount quickly without the assistance of best in class tools and technologies.
Other speakers included Paul Cunningham, Chairman and Board Member for IPEV and CFO for Helios Investment Partners, and Carolina Espinal, Managing Director at HarbourVest. The moderator was Cate Ambrose, Chief Executive of EMPEA. The webinar is available to EMPEA members by clicking here.
In this second extract, Cate Ambrose asked Mark to outline the challenges and specific considerations unique to valuing credit funds amid the pandemic.
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