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Venture Funds Seek Independent
Fair Values to Comply with FASB 157
Certain venture and other funds are seeking independent fair
values from OffRoad Research to comply with FASB Statement Number
157.
We believe, FASB 157, will create a significant
burden on funds to justify their fair values of
private holdings to auditors and regulators. FASB 157
requires funds to have written policies in place to
consider increases in the fair values of their
private holdings in the absence of transactional events.
Increasingly, we expect funds to value the cost and time
savings provided from independent fair values. (Also see
section Regulatory and Accounting Standards)
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Offroad Research, a division of NYPPEX, provides independent
fair value reports on unregistered securities of private companies and interests in private partnerships.
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Our research products include:
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Private Company Fair Value Reports |
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Private Fund Fair Value Reports |
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Portfolio Rebalancing Reports |
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Portfolio Pricing Reports |
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Private Company Equity Research Reports |
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Private Company Credit Research Reports |
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Our clients include venture, private equity, mutual and hedge funds, institutions, advisors, family offices and broker-dealers.
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Our fair values may consider historical secondary market price data as provided by NYPPEX, which is typically not available to other research services.
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Typically,
OffRoad Research serves as an independent service. However, it coordinates closely
with in-house personnel.
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