by Dr. Jimmie Lenz | Jan 22, 2019 | Private Capital Forecasting
A significant consideration in several aspects of Private Equity and Private Debt has been attributed to the liquidity (or lack thereof) of these investments. The liquidity factor has been cited as a basic investment decision, influencing complex pricing, return of...
by Dr. Jimmie Lenz | Dec 19, 2018 | Case Study
The Federal Deposit Insurance Corporation (FDIC) approved a measure that will allow a three-year phase in of the impact of CECL on regulatory capital yesterday (12/18/18). This change will also delay the impact on bank stress tests until 2020. The change does not...
by Dr. Jimmie Lenz | Oct 25, 2018 | CECL
Accounting and regulatory changes often require resources and efforts above and beyond “business as usual”, especially those like CECL that are significant departures from previous methods. The efforts needed can be as complex as those for a completely new technology...
by Dr. Jimmie Lenz | Jun 27, 2018 | CECL
The ramifications of CECL on Financial Institutions has in large part focused on Banks, but as we addressed in a recent paper, “Current Expected Credit Loss: Why the Expectations Are Different,” this new accounting treatment extends to a much larger universe. An...
by Dr. Jimmie Lenz | Nov 2, 2017 | Private Capital Forecasting
Early in his career, one of us was responsible for cash flow forecasting and liquidity management at a large multiline insurance company. We gathered extensive historical data on daily concentration bank deposits, withdrawals, and balances and developed an elementary...
