Valuation of alternative investments

Following the 2008 financial crisis, regulators across the globe have increased their focus on the alternative investment fund industry, an industry that was still relatively unregulated.

This has triggered the introduction of measures such as the Alternative Investment Fund Managers Directive (AIFMD) and other stringent obligations around valuation matters. In this context, the way professionals look at valuation issues has to be revisited. Past philosophies and processes have become obsolete and no longer comply with current requirements. In addition, the demand for additional disclosure and greater transparency in financial statements has created the need for consistent, well-documented, independent valuations.

Alternative investment fund managers and asset servicers have to adapt to this new environment and either dedicate internal resources or seek an external provider to assist with their valuation needs.

The Deloitte Valuation Center is your partner of choice for all valuation-related matters, across the lifecycle of your fund or investment portfolio.

Our valuation practice at a glance

The Deloitte Valuation Center has a 15-year track record in valuing a wide range of illiquid or hard to value assets, as well as all types of securities, issued by privately held or public businesses, intangible assets, such as intellectual property rights, partnership interests, options and warrants, and other derivatives or structured products.

Our involvement can range from limited valuation review to publicly disclosed fairness opinion. We have rendered these services in many different circumstances including financial reporting, mergers & acquisitions or disposals, taxation planning and compliance, bankruptcy and restructuring, litigation and dispute resolution, succession issues and strategic planning.

We have a diversified client base that includes Private Equity Funds, Hedge Funds, Fund of Funds, Fund administrators and many others. We also have a valuation center of excellence within Deloitte, helping audit teams review the valuation of the investment portfolio of alternative investment funds at year-end. As a result, we have acquired extensive knowledge of audit requirements.

Our team is made up of 30 experts who are based in Luxembourg and have developed an impressive track record by carrying out numerous local and international valuation assignments. Our valuation professionals have a variety of backgrounds such as investment banking, asset management, private equity, audit, strategic consulting, etc. They are highly qualified professionals having studied MBAs, CFAs, CQFs, ERMs, CAIAs and include chartered accountants and professionals whoare members of organizations such as RICS, EVCA, IIBV, etc.

Our professionals are always checking for changes in regulatory, tax and accounting requirements using Deloitte’s global accounting, advisory and tax practices.