Private equity as an asset class has raised significant interest from institutional and individual investors over the past year. Private equity funds are often seen as a resourceful way of funding companies of various sizes and natures, with an attractive expected risk-adjusted return.
Prices, implied in a theoretical transaction, are not directly - if not at all - observable, as private equity investments are not quoted by nature, which makes the fair valuation assessment an inherent challenge.
Fair valuation of private equity investments, including strength and reliability of the valuation process, is an ever-increasing area of focus for investors, accounting standards setting bodies, auditors and regulators in the context of unprecedented market conditions and a challenging global economy.
PwC's Academy has developed this course to explore with participants the common valuation methodologies and techniques used in performing fair valuation assessment of private equity investments together with the corresponding inherent challenges of this asset class.
By the end of this training, the participants will be able to: