Fair value & analytical rigor
Independent valuation support for complex and illiquid credit positions.
Independent fair value and instrument valuation for private credit and other alternative portfolios—including complex and illiquid positions.
Why this work matters
Valuation is most useful when it does more than produce a number. The underlying analysis should help stakeholders understand the assumptions, sensitivities, and asset-level factors driving value.
BPA combines independent judgment, credit expertise, cash-flow analysis, market information, and disciplined methodology to support fair-value reporting, governance, transactions, and other consequential portfolio decisions.
What we do
- Fair value and ASC 820 support (Level 3)
- Credit and debt instrument valuation
- Equity and complex securities modeling
- Scenario and recovery analysis
- Valuation review and governance support
- Documentation aligned with audit and reporting expectations
Who this serves
Who typically engages this service
Private credit and private equity funds, BDCs, venture and private equity firms, specialty finance companies, family offices and institutional investors, and holders of complex or distressed securities.
Primary stakeholders
CFOs, valuation committees, controllers and finance leaders, deal teams and portfolio managers, CROs, and audit, compliance, and governance leaders.
Common triggers
- Quarter-end reporting
- Audit review or scrutiny
- Level 3 assets
- Restructuring or impairment
- Need for independent ASC 820 support
What clients gain
- Stronger fair value governance and audit readiness
- Clearer visibility into assumptions and conclusions
- Support for illiquid and structured positions
- Analytical insight that informs portfolio decisions
Tell us what you’re trying to solve.
Whether you are building a new capability, strengthening an existing function, or addressing a specific operating challenge, we can help determine the right path forward.