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Luxembourg Breakfast in Zurich (9 March 2017)

Luxembourg Breakfast in Zurich (9 March 2017)

In partnership with SECA, Swiss Private Equity & Corporate Finance Association.

The Luxembourg Private Equity and Venture Capital Association organizes its 4th annual discussion and exchange forum.



9 March 2017

AGENDA

7.45 a.m.  – Registration & Breakfast

8.30 a.m. – Welcome by Paul Junck, LPEA

8.35 a.m. – Discussion Panel with Q&A

Anja Grenner, Fund Services Leader, SGG Group (moderator)
Philipp Mueller, Senior Vice President at Partners Group
Stephanie Aldag, Executive Director, Senior Legal Counsel, Adveq
Christoph Merz, Senior Product Manager, responsAbility Investments AG
Benjamin de Zordi, Tax Partner at PwC Switzerland
Christian Hertz,
Director Legal, Luxembourg Investment Solutions
Tobias Wieczorek, Senior Manager, KPMG Luxembourg
Harald Strelen, Partner, TaxInvest

11.00 a.m. – Networking & Farewell Drinks

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Luxembourg introduced the Reserved Alternative Investment Fund (“RAIF”) in July 2016. This fund operates and is taxed just like the SICAR and SIF, the known Luxembourg vehicles for investments in Private Equity, Venture Capital and Real Estate. Unlike the SIF or the SICAR, the RAIF does not have to be authorized by the Luxembourg financial regulatory authority. It is only indirectly regulated at the level of its authorized Alternative Investment Fund Manager (“AIFM”) and its depositary pursuant to the AIFMD, both of which it has to appoint no matter the size of the RAIF. That way the RAIF combines all the advantages of the existing vehicles for alternative investments with a quick time-to-market.

In this workshop participants will have the chance to learn more about the diverse structuring options, see practical examples and possibilities of converting existing vehicles into RAIFs.

This workshop will also discuss the consequences Brexit may have on Luxembourg as a financial hub and what this could mean for Swiss Fund promoters. Luxembourg AIFMs, together with AIFM service providers, will report how this topic has evolved in recent months and what they expect for the medium and long run.

As in previous years Swiss fund managers that are familiar with Luxembourg structures will participate in the discussion panel and share their experience with the audience.

This will also be the occasion to take stock of the progress made regarding ESMA’s decision to allow Swiss AIFMs to benefit of the third country regime in fund distribution.

Swiss and Luxembourg lawyers, tax experts, service providers and fund distributors will point out relevant trends in the field of taxation. Some of the topics that will be discussed include among others Transfer Pricing, BEPS, the application of the Parent-Subsidiary-Directive, all of which impact the structuring of PE and VC Funds already.

This workshop gives participants the chance to engage with experts from Luxembourg and Switzerland on the changing parameters in the field of fund structuring and distribution.

Speakers


 

LPEA Roadshow Sponsors


 

Venue


Meet us at the Au Premier

Zürich HB
Bahnhofpl. 15
8001 Zürich


LPEA & SECA Breakfast Event in Zurich (4/02/2016)

February 4th : LPEA / SECA Breakfast Conference

Structuring and distribution of PE/ VC funds in the EU by Swiss investment fund managers.

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Structuring and distribution of PE/ VC funds in the EU by Swiss investment fund managers.

LPEA, the Luxembourg Private Equity and Venture Capital Association, in partnership with SECA, the Swiss Private Equity & Corporate Finance Association, organised the 3rd Zurich lecture and discussion on February 4th 2016.

After the introduction of the special limited partnership (“SPLP”), the European Venture Capital Funds (“EuVECA”) and more recently the European Long Term Fund “ELTIF”, Luxembourg continues to innovate. The year 2016 will welcome the Reserved Alternative Investment Fund (“RAIF”) which is expected to have the advantages of the known fund structures for private equity (SIF and SICAR) with those of the successful “Spezial-Kommanditgesellschaft”. Since the RAIF is not approved by the regulatory authority but by a regulated Alternative Investment Fund Managers (“AIFM”), it can therefore obtain a marketing authorization in the EU and feature further advantages with respect to timing and placement options.

These and further trends/ hot topics were on discussion in a roundtable and Q&A hosted by LPEA and SECA. To obtain the slides of the presentation send a request to lpea-office@lpea.lu.

Overall, the event aimed at:

• Updating participants on the latest Luxembourg market trends and news, notably those which are more often used by Swiss-based investors;
• Showcase Luxembourg as a leading financial centre and home to a growing PE industry in which most of the bigger PE firms worldwide are already present and operating;
• Present Luxembourg as boosting excellent conditions to be a preferred location for Zurich-based investors willing to enhance their cross-border options, both in Europe as abroad.

LPEA & SECA thank the participation of the speakers and moderator:

          • Moderator: Anja Grenner, SGG Group
          • Paul Junck, Managing Director, LPEA
          • Jürgen Habichler, Founder and Managing Partner, Mountain Cleantech AG
          • Max Welbes, Partner & Head of Investment Funds, MNKS
          • Günther Dobrauz, Partner – Regulatory/Tax, PWC Schweiz
          • Oliver Schachinger, Partner – Regulatory/Tax, PwC Luxemburg
          • Dirk Richter, Partner und Rechtsanwalt, Elvinger, Hoss & Prussen

The session concluded with a networking reception. If you wish to be invited to the next session in 2017, please subscribe to LPEA’s newsletter here.

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