Audit Season FAQs for VC Funds
Audit season can be one of the most challenging times of year for venture capital funds like yours, especially when you’re navigating fair value reporting for illiquid Level 3 investments. Questions around valuation timing, documentation, and ownership often surface late in the process, putting added pressure on your finance team when timelines are already tight. To help […]
Q4 2025 Quarterly Industry Reports Are Now Available
Q4 2025 delivered a set of market signals that are already shaping 2026 decision-making. Across sectors, we saw valuation sensitivity increase, capital move toward “quality-first” operators, and strategic buyers sharpen their criteria in real time. If you’re managing portfolio performance, planning an exit, or advising clients through strategic decisions, Q4’s data is not just interesting. It’s actionable. Houlihan Capital’s […]
Interval Funds: Understanding Their Structure and the Drivers of Rapid Growth
Introduction At a recent industry conference, questions from fund managers and advisors highlighted both the growing interest in interval funds and the confusion surrounding their structure, liquidity mechanisms, and valuation requirements. These conversations underscored how rapidly interval funds have evolved from a niche investment structure into one of the fastest-growing segments of the retail alternatives […]
Continuation Vehicles in 2026: Market Growth, Governance Evolution, and Independent Valuation Requirements
Essential Insights for General Partners, January 2026 Insights informed by industry insights and market research. Executive Summary For general partners navigating continuation vehicle transactions, robust governancy is no longer best practice, it’s a regulatory and commercial imperative. Continuation vehicles (CVs) have evolved from niche liquidity solutions into mainstream portfolio management tools with transaction volume growing 40% year-over-year in 2024. In an environment marked by constrained exits, heightened […]
Houlihan Capital’s Crypto Market & VC Industry Report Q3 2025
As a leading and trusted valuation provider to the Cryptoasset & Blockchain industry, we are pleased to share our Crypto Market & VC Industry Report – Q3 2025 Update. This report provides the following for Q3 2025: Stats at a Glance Crypto Market Timeline Crypto VC Trends Venture Capital (All Sectors) Trends VC Deal Activity […]