NEXT EVENT

ASA New York: Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies

  • Connelly’s Pub at 14 East 47th Street, New York, NY 10017
  • Tuesday, November 20th, 2018
  • 6:30pm to 10:30pm

Presentation Overview

Garrett Sussman, CFA will give a presentation on the valuation of portfolio companies of investment firms. Discussion topics will include:

  • Background to the Guide
  • Fair Value and related concepts
  • Market participant assumptions
  • Valuation of equity for simple and complex capital structures
  • Consideration of control and marketability in fair value estimates
  • Calibration techniques

About the Presenter

Garrett is a Manager in KPMG’s New York Economic and Valuation Services practice. He has more than 14 years of experience in the valuation and financial services industry. Garrett is responsible for performing valuation services for a range of purposes including financial reporting, tax planning, and M&A advisory services. Within the valuation services practice, Garrett is focused on valuing alternative investments for private equity firms and hedge funds

Garrett is a member of the Economic and Valuation Services practice specializing in valuation services for alternative investments. He holds a BA from Johns Hopkins University, MBA from New York University and is CFA Charterholder

PAST EVENTS (2018)

October 2018

ASA New York Contingent Consideration Valuation Overview by Ankur Bhagat

  • Connelly’s Pub at 14 East 47th Street, New York, NY 10017
  • Monday, October 15th, 2018
  • 6:30pm to 10:30pm

Presentation Overview

Mr. Ankur Bhagat will provide and overview of a number of important issues related to valuation of contingent considerations. The presentation will include:

  • Overview
  • Types of contingent considerations
  • Valuation framework
  • Market risk & Market risk measures
  • Volatility
  • The larger context (operating leverage, management forecast, transaction economics, IRR etc.)

About the Presenter

Ankur Bhagat is a manager in the Deals Valuation practice, specializing in the analysis and valuation of complex financial instruments for risk management, investing decision, tax and financial reporting purposes.

Ankur has over a decade of extensive experience leading wide range of valuation and risk management issues covering equity, fixed income and hybrid securities, such as preferred equity or convertible bonds, as well as options, derivatives and contingent payment agreements. He has led numerous engagements particularly related to fair value of debt arrangements, contingent payments, bifurcated embedded derivatives, complex incentive units, and sophisticated partnership arrangements with complex waterfall agreements.

Prior to joining PwC, Ankur worked in multiple capacities at Accenture, Deloitte Consulting, and Goldman Sachs where his experience ranged from management consulting to technology.

Ankur holds a Masters in Finance from, London Business School, U.K; a Master of Engineering from Stevens Institute of Technology, New Jersey; and a Bachelor of Engineering from Jiwaji University, India.