Alternative Investment Valuation and Financial Advisory Firm Transparently Serving the Full Range of Asset Managers, Attorneys, CFOs, and CPAsTM
In recent years, the aftermath of both the financial crisis and Madoff have significantly forced funds to improve valuation procedures and documentation.
The push for enhanced value support is often necessary irrespective of an alternative investment fund's internal control environment. As such, even funds with leading reporting practices are facing more data demands as LPs and third-party administrators (“TPA”) have ramped up their due-diligence and compliance requirements.
Our internal valuation support services for alternative investment funds entail not just core procedures, such as assumption support and market data analytics, but also recommendations for transforming a fund’s internal valuation practices into best in class. We have a unique perspective of industry-wide methods through our fund clients covering all sizes, maturity, and strategies. This perspective guides our recommendations for implementing policies and procedures and distinguishing between internal controls necessary for compliance versus ones ideal for improvement.
We also leverage our expertise as independent valuation experts in all asset classes. Our background in formally valuing both traditional and complex assets lends credibility to our recommendations for fund improvements within internal valuation support. We have deep experience in the valuation of public and private equity, debt, derivatives, complex assets, structured finance, real estate, and portfolio companies.
Every fund is unique in their balance of internal valuation support versus external valuation opinions. At NAV, our ability and willingness to perform both internal and external valuations yields a client flexibility that saves times, fees, and enhances fund documentation in the process.
NAV's team provides sophisticated analytical services to help clarify core valuation assumptions, market data, and valuation conclusions. These detailed findings are often required by investment committees, internal auditors, and external auditors. We also work alongside fund quantitative professionals in reviewing proprietary models for reasonableness and historical backtesting accuracy.
We perform our services on a flat-fee or hourly basis with leading attorneys, alternative investment funds, CFOs, CPAs, and other C-suite corporate executives. We strongly feel engagement scope and fee ranges should be communicated effectively and efficiently.
We accordingly serve clients in stages, and we encourage clients to take a methodical, calculated approach to deciding which professional offerings are necessary or optional.
Our first service stage is dubbed the NAV Situation Scan (TM). The Situation Scan helps both our clients and our teams diagnose the services necessary for fulfilment of client objectives. We then communicate the results of the Situation Scan to derive a suggested road-map. The NAV team next proposes a time frame for delivery of service milestones. We are inherently flexible, and our Situation Scans outline a proposed plan of action and not a mandatory obligation. We have found clients cherish this "ramp-up or ramp-down" flexibility that can be implemented at any time.