Private Equity, SBIC Funds & BDCs
Portfolio Valuation, Transaction Opinions, and Investment Banking Support for Fund Sponsors and Boards
Private equity sponsors, SBIC funds, and business development companies each carry their own reporting demands, but they share the same underlying need: independent valuation and advisory support that holds up to auditor review, board approval, and investor scrutiny.
Houlihan Capital delivers recurring fair value reporting, transaction opinions, and M&A advisory across the full investment lifecycle, from portfolio company acquisition through exit. Our team works with funds ranging from emerging lower middle market sponsors to established multi-billion dollar platforms, across credit, equity, and hybrid strategies, delivering senior-level attention on every engagement.
Clients Served
Valuation Opinions Delivered
Valuation Projects
What We Do
How We Support Private Equity, SBIC Funds, and BDCs
Portfolio Valuation / Fair Value
Recurring fair value reporting for fund portfolios under ASC 820, including senior debt, subordinated debt, preferred and common equity, and hybrid positions across all stages of the investment lifecycle. Includes complex and illiquid Level 3 securities.
Goodwill & Intangible Assets
ASC 805-compliant purchase price allocations for portfolio company acquisitions, and annual or triggering-event goodwill impairment testing under ASC 350.
Business Valuation & Planning
Independent enterprise valuations for portfolio companies across financial reporting, strategic planning, and transaction advisory purposes.
Tax Compliance / Planning
Independent valuation of carried interest, including GP and management fees, for financial reporting, tax, and planning purposes.
Fairness Opinions
Independent fairness opinions for GP-led continuation vehicles, fund-to-fund transfers, co-investment transactions, and other situations involving related parties or potential conflicts of interest.
Solvency Opinions
Independent solvency analysis supporting leveraged transactions, dividend recapitalizations, and distributions involving portfolio companies.
Investment Banking
Sell-side and buy-side representation for portfolio companies, plus capital raising support across the capital structure, from preparation through close.
Why Houlihan Capital
A Full-Lifecycle Partner Built for Fund Governance
Houlihan Capital supports fund sponsors and boards at both the fund level and the portfolio company level, from initial investment through exit, structured to support LP reporting, board oversight, and regulatory compliance throughout.
We Speak Your Auditor's Language
We engage early and align with auditors upfront, ensuring a smoother audit process and reducing back-and-forth for fund managers. Our documentation is structured to meet the specific expectations of auditors across the PE, SBIC, and BDC space.
Institutional-Grade Credibility
Choosing Houlihan Capital signals to investors, LPs, auditors, and regulators that your fund is committed to strong governance and transparency, reinforcing your institutional positioning from day one.
Responsive, Full-Lifecycle Support
From transaction advisory when portfolio companies face a sale or recapitalization, to valuation work structured around board meeting and reporting deadlines, our team moves at the pace your fund and its stakeholders require.
Strategic Insights
Guidance for Fund Managers and Their Advisors
Need valuation or advisory support for your fund or portfolio?
Speak with an advisor about your specific situation.