David Larsen, Kroll
David Larsen has been at the forefront of alternative assets valuation policy for several decades. He is managing director at Kroll, which was acquired by Duff & Phelps in 2018, and advises many of the largest alternatives institutions on private equity transactions and valuations policy. He has been vice-chair of IPEV – the International Private Equity and Valuations Board; and he is a member of the International Valuations Standards Council (IVSC).
In this podcast with Ross Butler of Linear B Group, David explains how managers should approach valuation in times of high volatility, providing a strong defence of why fair value is in the best interests of both managers, investors and the wider alternatives market, and insider’s view into the latest accounting standards changes and their implications for private equity valuations.