This guide demystifies valuation methodologies, explains intricate fee structures and carried interest, and offers practical guidance on interpreting valuation reports effectively. It equips attorneys with essential tools for conducting comprehensive discovery, navigating complex valuation concepts specific to these entities, and developing persuasive strategies. The detailed explanations and illustrative examples are tailored specifically to enhance attorney effectiveness when dealing with complex valuation issues involving HFPEVC firms.
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Kenneth J. Pia, Jr., ASA, CPA/ABV, MCBA, is a lead managing director at CBIZ and leads the firm's Matrimonial Practice Group. With nearly 40 years of valuation experience, Mr. Pia has deep expertise in complex ownership interests, including those related to hedge funds, private equity, and venture capital. He is a former chair of the American Society of Appraisers (ASA) Business Valuation Committee, a member of the National Business Valuation Education Sub-Committee, and teaches nationally for the ASA accreditation program. He has testified in federal and state courts, as well as in arbitration, and serves on multiple advisory boards within the legal and valuation communities.
Mr. Pia is a charter member of the American Academy of Matrimonial Lawyers (AAML) Foundation's Forensic and Business Valuation Division where he serves as co-chair and was named to the American Academy for Certified Financial Litigators Advisory Board for New York and Connecticut. He is a frequent speaker and contributor on valuation issues involving alternative investments and closely held entities.