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Meet our Senior Team in Valuations & Opinions

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Masoud Sami

Masoud provides valuation services to hedge funds, business development companies, private credit funds and private and public companies. He has experience across debt, equity and derivative securities, litigation claims, structured… Read More

Real Deals | PE-backed Companies Performing ‘Robustly’ Compared to Public Companies

Originally posted by Real Deals on June 7, 2023. According to Lincoln International’s proprietary Valuations & Opinions Group Q1 2023 data, European private companies are performing better than public companies… Read More

Leading Indicators Show Declining Ability to Service Debt

According to Lincoln International’s proprietary private market database, maintained by Lincoln’s Valuations & Opinions Group, highly leveraged, privately-held companies are feeling the pinch as rising interest rates begin to take… Read More

Webinar | Valuations & Opinions Group Q2 2023 Private Market Webinar

On June 1st, 2023, professionals from Lincoln International’s Valuations & Opinions Group hosted a webinar discussing insights from the latest proprietary database. Topics included: Private company enterprise value trends and… Read More

Q1 2023 Lincoln Senior Debt Index

Lincoln International is pleased to release the quarterly Lincoln Senior Debt Index (LSDI). The LSDI represents years of research and analysis of data and was developed by professionals from Lincoln’s… Read More

Q1 2023 Lincoln Private Market Index

Lincoln Private Market Index Grows Modestly in Q1 2023 as a Result of Resilient Private Company Performance The Lincoln Private Market Index (LPMI) reveals that in Q1 2023, private market… Read More

Lincoln Private Market Index Grows Modestly in Q1 2023 as a Result of Resilient Private Company Performance

While private company performance has been stronger than expected, are cracks starting to form? The Lincoln Private Market Index (Lincoln PMI), the only index that tracks changes in the enterprise… Read More

Webinar | Q1 European Private Market Insights and Q2 Outlook

On May 11th, 2023, professionals from Lincoln International’s European Capital Advisory and Valuations Groups hosted a webinar discussing the state of Q1 European private markets. Topics included: Market activity insights… Read More

Lincoln International Announces Strategic Partnership with Australian Corporate Advisory Firm, Miles Advisory Partners

Lincoln International, a global investment banking advisory firm, announced today that it has established a strategic partnership with Miles Advisory Partners, an Australian-based independent corporate advisory firm, servicing the robust… Read More

Eversheds Sutherland and the Small Business Investor Alliance’s Business Development Company Roundtable | Panel: Private Credit Accounting and Valuation

Managing Director Patricia Luscombe recently spoke on the Private Credit Private Credit Accounting and Valuation panel at Eversheds Sutherland and the Small Business Investor Alliance’s BDC Roundtable in Washington, D.C.… Read More

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Private Equity and Private Credit Resiliency is Not an Illusion

Many macroeconomic factors have contributed to recent public market volatility, including inflation, labor shortages, rising interest rates and recent banking system instability. While private market valuations have demonstrated less volatility… Read More

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Regulatory Compliance Watch | SEC Examines PFs’ Third-party Valuations

Originally posted by Regulatory Compliance Watch on March 31, 2023. The SEC is asking private fund advisers to explain how they monitor the boundaries between their firms and third-party valuation… Read More

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Regulatory Compliance Watch | In-person Exams Resume

Originally posted by Regulatory Compliance Watch on March 3, 2023. The SEC plans to increase its on-site interactions with regulated entities but will continue to conduct remote examinations when applicable.… Read More

Private Equity International | How Private Equity Valuations Measure Up

Originally posted by Private Equity International on February 28, 2023. Private equity firms have been navigating market volatility for the past 12 to 18 months, and public market valuations have… Read More

Private Equity International | Covenant Breaches Trend Upward as GPs Navigate Uncertainty

Originally posted by Private Equity International on February 22, 2023. According to the Lincoln PMI (LPMI), private equity (PE) firms and their portfolio companies are becoming increasingly concerned about financial… Read More

Lincoln International’s Global Valuations & Opinions Group team grew by nearly 50% in 2022 and expects continued momentum in 2023

Lincoln International’s global Valuations & Opinions Group materially expanded its services across portfolio valuations and transaction opinions in 2022. Portfolio valuation services were up more than 50% from 2021 across… Read More

CFO | Earnings Multiples for PE-Backed Firms Fall for 7th Straight Quarter

Originally posted by CFO on February 22, 2023. For private companies, a modest increase in EBITDA kept their valuations from declining in Q4 2022. In fact, the Lincoln PMI (LPMI)… Read More

Q4 2022 Lincoln Private Market Index

Lincoln Private Market Index Grows Modestly in Q4 2022 Amid Public Market Volatility Lincoln International’s 22nd edition of the Lincoln PMI (LPMI) reveals that in Q4 2022, private market enterprise… Read More

Lincoln Private Market Index Grows Modestly in Q4 2022 Amid Public Market Volatility

Amid public market volatility, private company valuations held up, but cracks are showing The Lincoln Private Market Index (Lincoln PMI), the only index that tracks changes in the enterprise value… Read More

Q4 2022 Lincoln Senior Debt Index

The LSDI returned 0.9% for the fourth quarter. This represented the one of the lowest quarterly returns since the inception of the LSDI which began in Q4 2014.

Webinar | Q4 European Private Market Insights

On February 1st, 2023, professionals from Lincoln International’s European Capital Advisory and Valuations Groups hosted a webinar discussing the state of Q4 European private markets. Topics included: Market overview Deal… Read More

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The Wall Street Journal | Investors Stuck in Private Valuation Limbo as Recession Looms

Originally posted by The Wall Street Journal on January 30th, 2023. Richard Olson, Managing Director in Lincoln’s Valuations & Opinions Group, offers a perspective on private company performance in Europe.… Read More

2022 Global Results

In 2022, Lincoln International continued to design and deliver meaningful solutions and outcomes for clients around the world. Our shared ambition for results achieved through collaboration, thoughtfulness and tailored approaches… Read More

Robert Horak

Bob draws upon more than 30 years of experience in the private capital markets to provide insightful valuation and transaction opinion services to a variety of clients including private credit… Read More

Q3 2022 Lincoln Senior Debt Index

The LSDI returned 0.7% for Q3; essentially unchanged from Q2. This represented the fourth lowest return since the inception of the LSDI in Q4 2014.