The Alternative Investments Podcast, David Larsen speaks with Ross Hostetter, managing director and Portfolio Valuation leader, North America at Kroll. They discuss how the SEC’s new Fair Value Rule will impact Registered Investment Companies and by implication Registered Investment Advisers. Fifty years in the making, the SEC’s new rule 2a-5 clarifies the responsibilities of boards yet expands their responsibilities when concluding on the value of private or illiquid debt and equity investments ..read more

In episode four of ALTLOOK: The Alternative Investments Podcast, David Larsen and Megan Greene, Kroll’s Global Chief Economist, discuss how alternative asset funds are taxed and the implications for investors if tax rates change ..read more

In episode three of ALTLOOK: The Alternative Investments Podcast, Kroll’s David Larsen speaks with Ross Hostetter, managing director and portfolio valuation practice leader, North America at Kroll. They discuss the impact of private investments being available through target date funds, 401ks, 1940 Investment Company Act (“40 Act”) funds, Collateralized Fund Obligations (CFOs) and other investment vehicles ..read more

In episode two of ALTLOOK: The Alternative Investments Podcast, David Larsen and Ryan Johnson discuss 2021 year-end valuation considerations for alternative asset investments. How will volatility in the stock market, uncertainty with respect to inflation and the potential for tax rate changes impact the assessment of fair value for the year ended December 31, 2021 ..read more

In our first episode of ALTLOOK: The Alternative Investments Podcast, Kroll Managing Director David Larsen focuses on what is meant by fair value and why it is such an important measurement basis for alternative investments. Investors need (though they may not always want) rigorous, reliable and transparent fair value estimates of underlying private investments at least quarterly and increasingly more often. What is fair value, and why is it important?  ..read more