• We value 5
    of the top 10 BDCs
    with combined
    assets over
    $10 billion.

  • Our hedge fund
    clients total
    $35 billion
    in assets
    under management.

  • We value 10
    of the top 30 BDCs
    with combined
    assets over
    $10.5 billion.

Murray Devine has been the “go to” valuation service provider for firms holding illiquid investments since the 1990’s when Murray Devine pioneered portfolio valuation methodologies to help our structured product clients comply with rating agency valuation reporting requirements. Since then, our illiquid investment valuation practice has broadened to include valuations used for a variety of purposes including financial reporting, periodic reporting to investment committees, lenders and limited partners, and the establishment of offering prices for structured products by investment banks. Our clients and investment types in this area now include:

Our Clients

  • Public and Private Business Development Companies
  • Co-Investment Funds
  • Collateralized Debt Obligations
  • Collateralized Loan Obligations
  • Private Equity
  • Hedge Funds
  • Private Debt Funds
  • Insurance Companies
Illiquid Investments

  • Senior Debt
  • Subordinated Debt
  • Convertible Debt
  • Preferred Stock
  • Common Stock
  • Partnership and LLC Interests
  • Warrants and Options

Why Murray Devine
As a market leading valuation firm, Murray Devine assists our clients by providing independent, timely, cost-efficient, and transparent valuations of their illiquid investments. Recent developments have led to increased scrutiny of the fair values of illiquid investments by investors, auditors, bankers and the Securities and Exchange Commission. This increased scrutiny has placed a tremendous strain on the financial reporting groups of entities holding illiquid investments and creates a significant “time sink” for staff and management whose time can be more profitably spent on core investment oversight responsibilities. The independent and well documented valuations that Murray Devine provides allow our clients to rest assured that their assets are accurately valued by a top valuation firm and will stand up to the strictest scrutiny.

Related Links
“Best Practices for the Hedge Fund Industry” report