David Larsen Quoted in PFM: IPEV Removes Pricing Calculation for Fair Value

International Private Equity and Venture Capital recently released an updated guideline in which it removed the use of the price of a recent investment as a technique to calculate fair value, saying that it wasn’t consistent with accounting standards. David Larsen discusses how incorrect reporting of valuation could lead to poor investment decisions for limited partners.
 
Read the full article in Private Funds Management

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