Valuation Research Corporation, a provider of independent valuations, has hired Parag Patel as senior vice president of business development and Michael Pouliot as a senior financial analyst.
Mr. Patel will be responsible for supporting the alternative investment community with valuations of illiquid and hard-to-value assets. His client base will include BDCs, banks, private equity sponsors, hedge funds, and venture capital firms. Mr. Patel will be based in VRC’s New York office.
“Parag’s deep experience in banking and credit in the middle market space will be of true value to our lending and private equity clients,” said Raymond Weisner, Managing Director.
Before joining VRC, Mr. Patel was senior vice president of business development for Citi Commercial Banking. Prior to Citi, he worked in the corporate treasury group of one of the world’s largest pharmaceutical companies. He holds both Bachelor and Master of Science degrees from the Stevens Institute of Technology in mechanical engineering and management, respectively.
Mr. Pouliot will be based in the firm’s office in Princeton, NJ and will work within VRC’s portfolio valuation group. Prior to joining VRC, Mr. Pouliot was a Fixed Income Specialist with JP Morgan Investment Management. He received a bachelor’s degree in business administration from Boston University School of Management. He also holds the designation of chartered financial analyst.
“We continue to grow our staff of credentialed financial professionals in our portfolio valuation group,” said John Czapla, Managing Director. “VRC continues to expand its footprint as a leading provider of valuations for illiquid and hard-to-value assets for asset management firms. Michael’s experience as a fixed income specialist will be a valuable asset to our team, notably for our fixed income focused portfolio clients.”
VRC furnishes expert and independent opinions of value for solvency, fairness, business enterprises, intangible assets, capital stock, equity interests, real estate, and fixed assets. VRC has locations in Boston, Chicago, Cincinnati, Milwaukee, New York, Princeton, San Francisco, and Tampa; as well as international affiliates in Argentina, Australia, Brazil, Canada, China, Germany, Luxembourg, Mexico, Spain, and the United Kingdom. The company was founded in 1975 (www.valuationresearch.com).
2014 PEPD • Private Equity’s Leading News Magazine • 11-7-14
