The Alternative Investment Management Association (AIMA) and its private credit affiliate, the Alternative Credit Council (ACC), have published new guidance for fund managers in valuing their investments. The new “AIMA Guide to Sound Practices for the Valuation of Investments” contains a series of recommendations regarding valuation governance; transparency; procedures; processes, systems, and sources; models; and methodology. The guide, now in its fourth edition, is sponsored by PwC and is available to AIMA members only, but you can access an executive summary if you click here.