Portfolio Valuation

Marks that hold up.

Every mark you report is read by three audiences: your auditor, your LPs, and your own investment committee. All three are asking harder questions than they were two years ago, and the funds answering them with a spreadsheet assembled the week before audit fieldwork are the ones having difficult Februaries.

Verified Metrics delivers independent, audit-ready year-end valuations and builds the machinery your team needs to run quarterly marks in-house. One integrated process, maintained all year. Not four fire drills and an annual scramble.

We support equity interests, private loans, convertible and structured instruments, warrants, and fund interests, calibrated at entry and back-tested against realized exits.

Why Verified Metrics

• Built for the audit, not just the memo. Every mark ships with a support file your auditor can take apart: inputs, comparables, calibration, and the reasoning between them.
• You keep the models. We build valuation models per position and hand them over with documentation. Your team runs quarterly marks in-house; you don't pay an advisor four times a year for the same model.
• Live inputs, not stale ones. Our data room collects portfolio company actuals directly from ERPs and bank accounts, so marks reflect current trading rather than a management deck from two quarters ago.
• Senior eyes on every position. Work is performed and reviewed by practitioners who have defended marks through audit and LP scrutiny, not handed to a pool.
• We run this machinery on our own work. The same engine that checks every cell of our clients' models supports every valuation we sign.

What this covers

• Independent end-of-year valuations prepared for audit review, with complete support files
• Valuation model build per portfolio company: income, market, and transaction approaches, calibrated to entry
• Mechanical support for in-house quarterly marks: refreshed inputs, roll-forwards, and reviewer sign-off
• Valuation policy drafting and investment committee documentation
• Calibration and back-testing of marks against subsequent rounds and exits
• Direct support during auditor and LP queries. We answer the questions our marks raise.

How an engagement runs

• We scope against your portfolio: number of positions, instrument types, audit deadline
• Onboarding connects portfolio company data through the Verified Metrics data room
• Year-end valuations are delivered ahead of audit fieldwork; quarterly support runs on a fixed calendar
• Same team every quarter, so you never have to re-explain your portfolio

What you receive

• A valuation memo and support file per position
• Working model files, yours to keep
• An audit support pack and a named contact through fieldwork
• A documented quarterly process your analysts can run without us