Pink Floyd’s Private Equity Songs

The temptation of another private equity musical license was too strong to resist – the titles of some of the most famous songs and albums of one of my favorite rock groups may seem to have been made on purpose to introduce and comment upon certain highly debated arguments in the PE industry.

Fair Value, DaRC Transparency

A recent article from the Private Equity Manager’s Daily Digest titled “When is fair value not fair value?” provides interesting and sharable comments about the decision taken by the American Institute of CPAs (AICPA) to create a task force and deliver more granular rules for “valuing hard-to-price non-quoted companies”.