Laurent Capolaghi, EY

Laurent Capolaghi

Certified Public Accountant and IFRS accredited, Laurent has specialized in Private Equity and banking assignments since he started his career with Ernst & Young in 2005 and is now currently involved in the audit of Direct Lending, Mezzanine and Opportunistic Debt Strategies as well as Impact Investing funds reporting under IFRS, US GAAP and Luxembourg GAAP using both SIF and SICAR legal framework.
Laurent leads our Private Debt group and our Impact Investing group. He is a member of the Responsible Investing Committee of the Association of the Luxembourg Investment Fund. He represents the Firm in Market Intelligence and Outreach and chair the Fund Label (ESG and Social Impact) working group which aim at assisting and promoting relevant labels for investment vehicles. Laurent also sits as a director of the Inclusive Finance Network and is a steering committee member of the European Impact Investing Luxembourg. In addition, he co-chairs the Debt Fund working group of the Luxembourg Private Equity & Venture Capital Association.

10:10

Distribution in the European Economic Area, the United Kingdom and Switzerland

This panel will address the evolving legislative framework with regard to both marketing and pre-marketing of funds in Europe as well as the regime applicable to marketing professionals based in Europe or abroad. A first feedback and conclusions on the recently implemented cross-border marketing directive, update on AIFMD II, new ESMA regulation, as well as recent and upcoming developments on MiFID II will be provided. The panel will also take the audience through the latest statistics in terms of European distribution: currently favored investment strategies, distribution channels, types of investors currently deploying capital and macro-trends that US managers wishing to enter the European markets ought to know. Finally, the panel will drill down on two major jurisdictions for US sponsors outside of the EEA: the UK and Switzerland and expose how US managers can tap into those.


12:05

Retailisation of alternative investment products

Large buckets of retail money are currently still sitting on individuals’ saving accounts. Which options to tap into this market? The panel will explore opportunities and available structures and interesting market insight will be shared.