June 8, 2022
Bloomberg News quoted Advisory Partner Taylor Rosanova in article about the reckoning faced by hedge funds that borrowed to invest in private companies, with the current market driving valuations down.
Bloomberg News
By Hema Parmar and Miles Weiss
Excerpt:
“Years of cheap and easy money have driven up valuations,” said Taylor Rosanova, head of the fair value group at Marcum, which helps investors mark privates. “This year company multiples will fall, investor marks will fall, values in totality will fall.”
