Overview

The Association of the Luxembourg Fund Industry is organising its 8th breakfast seminar in Hong Kong taking place on 8 May 2018 at the Hong Kong Banker’s Club. Get the opportunity to hear insights from our experts who will update you in 2 hours only on different topics affecting your business.

Tax and corporate structuring of Luxembourg partnerships
Alternative investment funds: focus on the corporate, regulatory and tax aspects of a Luxembourg partnership structure, an essential toolkit for distributing private equity, real estate and venture capital funds within the European Union.

Luxembourg, a credible financing partner of the Belt and Road Initiative
Financing of the B&RI: Overview, European investors’ appetite and expectations, Green Finance, Luxembourg infrastructure vehicles.

Why attend?

• Benefit from numerous networking opportunities with top representatives all gathered in one place
• Use the opportunity to engage with the ALFI community representing the second largest investment fund domicile in the world
• Get tangible takeaways and key references that you can use in your day-to-day work to support your growth and success

 

Agenda

08:00-08:45

Registration & breakfast

08:45-09:00

Introduction speech

09:00-09:35

Tax and corporate structuring of Luxembourg partnerships

09:35-10:30

Luxembourg, your financing partner of the Belt & Road Initiative

10:30-10:35

Closing remarks

 

Speakers

Alicia Garcia
Alicia Garcia-Herrero, Chief Economist for Asia Pacific , NATIXIS

Alicia Garcia Herrero is Chief Economist for Asia Pacific at NATIXIS. She also serves as Senior Research Fellow at the European think-tank BRUEGEL, and Senior Research Fellow at El Cano Royal Institute for International Relations. Alicia Garcia Herrero is currently adjunct professor at University of Science and Technology (HKUST) as well as HKUST Business School . Finally, Alicia serves at the Board of the Hong Kong Forum and she is also a member of the Council of Advisors of the Hon Kong Monetary Authority Institute for Monetary Research (HKMA). Alicia has a PhD in Economics at George Washington University and is author of numerous journal articles and books. She is also a regular contributor in Bloomberg and CNCB as well as a columnist for Nikkei Asia Review and Brink.

Patrick Cordes
Patrick Cordes, Managing Director & CFO, BPEA

Patrick Cordes, Managing Director & CFO, joined BPEA in 2006. Mr. Cordes is responsible for financial reporting, valuation, compliance and portfolio monitoring associated with the Firm’s investment activities. Mr. Cordes is also involved in overall risk management and transaction structuring, due diligence and execution, having been involved in the completion of over thirty-five transactions throughout the Region. Mr. Cordes started his career at Deloitte in New York in the Japanese Services group and Private Equity group and ultimately split time between Hong Kong and New York serving a wide range of clients, including private equity firms, Japanese trading companies, global financial institutions and non-financial US registrants based in Asia. He is a Member of the American Institute of Certified Public Accountants and graduated from Lehigh University, where he received a Bachelor’s Degree in Business and Economics.

Cédric Carnoye
Cédric Carnoye, M&A tax director and Head of Luxembourg Desk in Asia Pacific, Deloitte

Cedric is a director within the Hong Kong M&A tax department with more than 13 years of experience. He is also heading the representative desk of Deloitte Luxembourg in Asia Pacific. Cedric has been based in the region for more than 7 years where he specializes in structuring efficient cross-border tax planning overseas for Asia Pacific based clients as well as assist with the setup of alternative investment funds.
He is managing projects involving Asia Pacific investors or investments, especially with respect to structuring mergers and acquisitions, real estate, private equity or venture capital. Additionally, he has been highly involved in structuring and setting up regulated and unregulated hedge, private equity and real estate funds for worldwide investors.

Chaib,Toufik
Toufik Chaib, Partner, PwC Luxembourg

Toufik is the Asset and Wealth Management APAC leader for the PwC Luxembourg office and as such he has been leading the PwC Luxembourg desk based in Hong Kong for the past 3 years. Toufik specializes in Fund Distribution Strategy and advises financial institutions based in the Asia Pacific region regarding their European plans, their Regulatory (UCITS & AIFMD), Compliance and audit related matters. Before joining Hong Kong, Toufik has been leading UCITS and AIFs audit and non-audit engagements. He has been providing advice to many service providers such as custodians, transfer agent, fund administrator and management companies in the areas of internal controls, regulatory gap assessments and other advisory services. Toufik specializes in questions relating to the internationalization of the RMB and with matters linked to China Access via Stock & Bond Connect, QFII, RQFII, QDII & QDII2, QDLP from a Luxembourg perspective. Toufik graduated from the University of Nancy and the ICN business school and is an ACCA member.

Ching Yng Choi
Ching Yng Choi, Head of the ALFI Asia Representative Office in Hong Kong, ALFI

Ching Yng Choi has been appointed in November 2010 to head the Asia representative office of the Association of the Luxembourg Fund Industry (ALFI). Her role is to raise awareness of Luxembourg as a fund domicile, and to further promote the UCITS brand in Asia. She manages and leads working groups in Hong Kong and in Singapore. Where there are business developments, she will seek to bridge the East and the West. Ching started her professional career with General Electric in Brussels, Bergen-op-Zoom and Paris. She then moved to Luxembourg and joined MDO Services, the fund governance provider, where she was a risk manager. Ching has a commercial engineering degree from UCL, Louvain-la-Neuve.

Karolczuk, Stéphane
Stéphane Karolczuk, Partner and the Head of the Hong Kong office, Arendt & Medernach

Stephane Karolczuk is a Partner and the Head of the Hong Kong office of Arendt & Medernach. Stephane advises clients based in the Asia Pacific region regarding their European projects and their Luxembourg legal and regulatory questions. As Partner in the Investment Management practice, Stephane advises international clients on all issues relating to Luxembourg investment funds (UCITS or other vehicles) including the structuring, setting-up and marketing of these funds (under UCITS or AIFMD), as well as strategies involving investments in the Asia Pacific region and questions relating to the distribution of funds in the region. Stephane also specialises in questions relating to the internationalisation of the RMB and the opening of the PRC capital markets (QFII, RQFII, Stock Connect, QDII, QDII2, QDIE, QDLP, etc.) from a Luxembourg perspective. In 2008, Stephane was seconded to Arendt & Medernach’s representative office in New York with a view to developing an Investment Management Helpdesk advising US clients in relation to Luxembourg investment funds questions. Stephane has taken part in the activities of the Association of the Luxembourg Fund Industry (ALFI), the Hong Kong Investment Funds Association (HKIFA), the Hong Kong Private Equity and Venture Capital Association (HKVCA) and he is regularly invited to speak on Luxembourg funds related topics at conferences in the region. Stephane graduated from the University of Brussels (Belgium) and the University of Ghent (Belgium). He is admitted to practice in Hong Kong as a Registered Foreign Lawyer, as well as in Luxembourg and Brussels.

Le-Sourne,Xavier
Xavier Le Sourne, Partner, Elvinger Hoss Prussen

Xavier Le Sourne is a partner of Elvinger Hoss Prussen and is based in Hong Kong since 2015. His practice concentrates on collective asset management and investment funds. He advises a number of investment fund promoters and other financial institutions, principally across Europe and Asia, in relation to the set-up and structuring of their Luxembourg investment fund operations.

More particularly, Xavier advises private equity firms and real estate sponsors.

Xavier Le Sourne is listed as a Notable practitioner in IFLR1000 2019.

Zhou,Betty
Betty Zhou, Head of Business Development, Asia Pacific, CACEIS

Ms. Betty Yuying ZHOU 周玉莹 is the Management Committee Member of CACEIS Hong Kong in charge of Business Development.

Betty holds a Master Degree of Commerce with major in Finance from the University of Sydney in Australia and graduated from the Beijing University of Post and Telecommunications with a Bachelor Degree of Economics. She has over 10 years’ experience in the finance industry.

 

Venue

The Hong Kong Bankers Club
43/F, Gloucester Tower
The Landmark, 11 Pedder Street, Central
Hong Kong