on May 6, 2023, Antonella Puca, Partner at BlueVal, and Ben Towne of Towne Advisory Services presented on the “Valuation of General Partner’s Carried Interest” at the CPA California Chapter in Marin County. Carried interest and asset manager business valuations present unique challenges that are required to be addressed and are uncommon to prototypical business valuations. Additionally, the uncertainty regarding potential carried interest tax legislation in recent years has precipitated the need for associated tax planning and valuation. This highly interactive presentation uses case studies to provide an overview of partnership waterfall structures and valuation. The participant will gain knowledge about how to appropriately consider the facts and circumstances of a carried interested valuation and apply industry accepted valuation techniques in their own practice.