How to Value Illiquid Investments – Webinar Recording Available!
The webinar recording for “How to Value Illiquid (Level 3) Investments” is now available! ____ Did you miss Akram and Houlihan Capital’s joint webinar – “How to Value Illiquid (Level 3) Investments” from October 12, 2023? Houlihan Capital’s Michael Moscarelli shares comprehensive analysis and discusses current valuation best practices. The recording is now available on […]
SEC’s New Rules for Private Fund Advisers
UPDATE: On June 5, 2024, the 5th U.S. Circuit Court of Appeals in New Orleans issued a unanimous ruling overturning the SEC’s Private Fund Rules. In this whitepaper, Houlihan Capital discusses the SEC’s new rules for private fund advisers under the Investment Advisers Act of 1940 and changes that create major compliance obligations involving the […]
Houlihan Capital Publishes Cryptoasset Industry Report – Q2 2023 Update
Houlihan Capital is excited to announce the release of our newest quarterly Report for the Cryptoasset Industry. This report provides the following: Financial Performance: Cryptoasset-related Equities Valuation Metrics: Cryptoasset-related Equities Equity Performance Change in Market Capitalization by Equity Sector Change in Market Capitalization by Cryptoasset Sector This report is a valuable resource for anyone who […]
Venture Capital: Valuing Early-Stage Portfolio Companies in a Slowing Deal Environment
The first half of 2023 shows a continuing shift in the landscape of early-stage venture capital (VC) deals. Amidst an environment of high interest rates and increased portfolio company cash burn, VC funds are deploying capital more carefully. This has had a noticeable impact on angel and seed-stage deals. According to Pitchbook’s Q2 2023 US […]
FASB’s Proposed Updates to GAAP Financial Reporting Taxonomy related to ASU on Crypto Assets
On March 23, 2023, The Financial Accounting Standards Board (“FASB”) issued proposed updates to the U.S. Generally Accepted Accounting Principles (GAAP) Financial Reporting Taxonomy related to a Proposed Accounting Standards Update (“ASU”) on Intangibles—Goodwill and Other—Crypto Assets. (1) The proposed updates would create Subtopic 350-60 of U.S. GAAP, and it would apply to all entities […]