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Showing posts with the label Valuation
Sample Day Series: “Busy” Day in TAS VBM 9:00 AM: Arrive in the office. Check emails, grab coffee, water, and fruits in the pantry and set up two external monitors and a headset to work more efficiently throughout the day. 9:15 AM: I have some work left over from yesterday, so I begin working on the corroborative calculations for multiple investments for a private equity fund. Luckily, the first company in the private equity fund’s portfolio I am valuing has a straightforward capital structure, has liquidity preferences for the different equities that are pari passu, does not have anti-dilution preferences or participating preferred stock, and has only a few rounds of preferred financing within the past year, without any complex securities involved. The second is similarly simple and our private equity client has majority stake in the company. Hooray! I get to use the current value method for allocating equity to the different tranches of securities! 10:30 AM: Staff meeting. Eve