Mark McMahon, Global Practice Leader and Head of Alternative Investment Services for Alvarez & Marsal Valuation Services spoke at a webinar hosted by 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 the first extract, Cate Ambrose asked Mark about the importance of robust communication and the quantification of uncertainty in valuing private equity portfolios in the light of COVID.
Valuation Insights: German vs European Banks
June 8, 2026
The latest edition of A&M Valuation Insights – German vs. European Banks reveals a favorable turn in market dynamics: rate cuts and resilient stress test outcomes are lifting bank equities, compressing the cost of capital, and pushing price-to-book multiples to record levels.
SPANISH ENERGY DEAL PULSE | Q1 2026 REPORT
May 13, 2026
In the FY2025 Spanish Energy Deal Pulse, Alvarez & Marsal finds that transaction volumes fell sharply, particularly in solar, as price cannibalization, grid constraints and volatility became structural features of the market.
The CFO's Checklist: 10 Valuable Questions to Ask a Vendor That Go Beyond the Demo
April 28, 2026
Over 70% of ERP initiatives fall short of their original goals, often because critical questions go unasked during vendor demos—controlled environments that don’t reflect real-world fund complexities. This checklist helps private equity CFOs look beyond the pitch to assess performance, integration, security, team expertise, and total cost, ensuring the vendor can deliver as a true long-term partner.
Alvarez & Marsal Valuation Launches Alternative Investment Services in Canada, Appoints Maisam Raza As Senior Director
March 17, 2026
Heightened market volatility and growing institutional demand for client-centered and dedicated portfolio valuation advisory services accelerate global expansion.
