Investors are demanding greater transparency and reporting integrity from asset managers, particularly those overseeing illiquid investments, says a new release from analysts at Houlihan Lokey. Regulators have added to the pressures of the valuation process, leaving asset managers with many questions about the selection and use of third-party valuation analysts.

To help provide answers and address evolving trends in the area, Houlihan Lokey's division of portfolio valuation and advisory services—led by Cindy Ma—has just released a new best practices overview: Independent Third-Party Valuation Insights. To download a copy, click here.