Patricia Volhard, Debevoise & Plimpton LLP

Patricia Volhard

Patricia Volhard is a partner in Debevoise’s Frankfurt and London offices, and is a member of the firm’s Investment Management Group. Her practice focuses on advising private funds on a range of regulatory issues.

Ms. Volhard is one of Europe’s leading private funds regulatory lawyers, and has played a prominent role in the ongoing development of the area, in part through involvement in Invest Europe (formerly the European Private Equity & Venture Capital Association). She is the former chair of its Tax, Legal & Regulatory Committee, as well as the current chair of its Financial Services/Regulatory Working Group. She is also a member of the Investment Management Consultative Working Group of the European Securities and Markets Authority (ESMA); the Legal Committee of BVK, the German private equity association; the Alternative Credit Technical Group of the Alternative Investment Management Association; and the Regulatory Committee of the Listed Private Equity Association. Ms. Volhard has been recognised by the major legal directories as a leader in her field. She is recommended for investment fund work by The Legal 500 EMEA (2017) and The Legal 500 Deutschland (2017). In Chambers Europe (2017) sources note that she has a “deep knowledge of fund structuring, offers a high level of flexibility and effectiveness, and is perfect for complex situations.” In the 2016 edition of the guide she is praised for her “quick reaction to queries and profound knowledge in regulatory investment law.” She is also recognised as a “Most Highly Regarded Individual” in the current edition of Who’s Who Legal Germany (2017). The guide also praises her “outstanding” practice, with one client declaring her “one of the country’s most accomplished and celebrated funds lawyers.” JUVE Handbuch Wirtschaftskanzleien (Handbook of Commercial Law Firms) (2016/2017) notes that she is “almost without competition in her practice area”. Ms. Volhard is also listed by Expert Guides in its annual Women in Business Law list. Ms. Volhard has commented in the media and written numerous articles relating to various aspects of her practice. Recent publications include “Why Brexit Impact On Funds May Be Limited,” Private Debt Investor (September, 2017); “Brexit And The AIFMD: Impact For US Private Fund Sponsors On Their Marketing And Advisory Activities In Europe,” American Investment Council (May, 2017); “Terms and Structure of Debt Funds,” Private Equity (July, 2016); and “Keeping on top of the paperwork,” Private Equity International (July/August, 2016). She is also a co-author of “Debt Funds for Institutional Investors: Current Developments in German Regulatory and Tax Law,” FYB Financial Yearbook(2016); and “Liberalisation of the German debt fund market,” Private Equity International (2015). Ms. Volhard studied law in Frankfurt/Main, Strasbourg, and at the London School of Economics, where she obtained her LL.M. in 1999. Ms. Volhard is admitted to practice in Germany and France, and speaks fluent German, French and English.

Agenda

10.00 - 10.45

CEO panel discussion – “Walking the talk”; Moving from “re-imagination” to the “reality” of transforming the asset management industry

How should asset management respond to a world of disruptions by technology and politics? Our panellists have shared a number of talking points in advance of their discussion:

  • Value for money is being questioned as never before
  • Customers’ willingness to buy products through digital channels is increasing
  • Investors are more and more focused on the non-financial returns
  • The asset management industry`s stewardship over investment decisions is continually being challenged
  • In addition, there is significant pressure on fee and margin levels

11.20 - 12.05

Luxembourg: anticipating change, shaping our future and aiming for tomorrow

Luxembourg has a proud history of anticipating the evolving needs of the asset management industry it services. Entering with optimism a new era of “re-imagining” asset management and innovation benefiting investors, can it continue that tradition, and can we define what that future might look like? How is Luxembourg evolving as it welcomes new ideas and entrants, anticipates the future and re-imagines its role as the world’s second largest fund domicile?


12.05 - 12.40

"Disruption scenarios" ... "structural shifts" ... "shaping our future" ... How does this impact the regulator?

As the industry experiences disruption and transformation, how are regulators evolving? Are they experiencing the same disruption? What industry landscape are they planning and preparing for over the next five years?


14.30 - 15.45

Target operating model for your management company

18/698: what’s all the fuss about?
Target operating model: what does “substance” really mean?
How ManCos are evolving to remain efficient and compliant
In-house or 3PMC?
Governance: best practice through board composition?


14.30 - 15.45

Private equity: new tax and structuring developments

in association with

Are we moving to a US structuring environment?
How to succeed with fundraising
How to master AIFMD operational complexity
What’s new in governance strategies?
How will you being doing deals in 2020?


14.30 - 15.45

Real estate: hot investment areas and set-ups

How to manage regulatory substance
Are you prepared for the new fiscal environment?
What are the opportunities and challenges in outsourcing?
How to use the Luxembourg product suite
How to navigate the talent market


14. 30 - 15.45

The Luxembourg sustainable finance toolkit

How to set up a sustainable fund using the Luxembourg toolbox?
Why Luxembourg set up a support programme for climate finance?
Why is impact measurement so important?
Sustainability reporting and disclosures – a brain teaser?
What’s new around fund labels?