Private equity and venture capital funds are occasionally faced with situations where it is advisable to write the value of some of their investments up or down from their cost bases -- without having clear guidelines for exactly when, or to what extent, such values should be changed.

Also, as hedge funds adopt holding periods and other liquidity restrictions for their investors, they may make more traditional private equity investments from time to time.

For more information on our valuations of portfolio companies, contact Pluris today.