The Private Equity Industry Guidelines Group (PEIGG) has just updated its U.S. Private Equity Valuation Guidelines, the first revisions since 2003. Prompted by “the continued need for more consistency and transparency in private equity valuations” as well as the FASB’s issuance of Statement No. 157, Fair Value Measurements, PEIGG updated the Guidelines to assist private equity participants in complying with U.S. GAAP and fair value reporting requirements. The new Guidelines along with an FAQ are now posted at PEIGG’s website, under the "Valuations" link.
For a copy of the article highlighting the recent revisions and their applications to PE valuations by Guidelines drafter David Larsen (Duff & Phelps, LLC), which just appeared in the March 2007 Business Valuation Update™, "Valuing Assets Held by Private Equity Funds—New Guidance from PEIGG,” click here.
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