Keith Burman, ManagementPlus

Keith Burman Keith Burman joined ManagementPlus in February 2014, to focus on the growth of the group’s European real estate and private equity fund clients. Formerly with State Street Corporation, Keith was Senior Managing Director in their EMEA private equity and real estate administration business, responsible for Product Management and Client Service Management, as well as head of their Luxembourg Alternative Investment Solutions office. Prior to his tenure at State Street, he spent 8 years building the Brown Brothers Harriman real estate and private equity administration business to a team of over 100 staff and US$50 billion in assets under administration. Keith is a 20-year veteran of the investment industry, who qualified initially as a Chartered Real Estate Valuation and Investment Surveyor while working for Jones Lang Lasalle and Lasalle Investment Management. Now a Fellow of the Royal Institution of Chartered Surveyors, he also brings experience in Real Estate and Private Equity Alternative Fund Structuring, Fund Administration, Anti-MoneyLaundering, and Depositary. Over the years, Keith has also been engaged in Corporate Governance, Real Estate Investment Management, Product and Operational Strategy Development and Research into Real Estate and Alternative Funds topics. He is widely recognized in Luxembourg as a leading expert in Real Estate and Private Equity fund administration and depositary services as well as the rules promulgated under the EU’s AIFM Directive.

Agenda

09.00 - 09.10

Conference Opening – Welcome and introduction


09.40 - 10.30

Finding a safe haven for Real Estate Funds

A deep dive perspective of 3-4 case studies from different types of RE asset managers on stage, showcasing their solutions to seizing market opportunities, RE type strategies, through innovative structuring of their respective fund.


11.00 - 11.20

Pillars to Ensure Open End Fund Liquidity

Presentation and discussion on the most recent INREV paper which concentrates on the creation of liquidity in open end fund structures, by describing best case scenarios where investors and fund managers can go on to further successful investments in follow-on or new funds.

The report compares behaviours in a number of different European countries and identifies five pillars upon which a liquid open-end fund should be built. This clear framework sets out investor rights together with manager responsibilities and aims to create realistic expectations for open-end fund investments and to avoid conflict between the parties involved.

This study has been updated in 2016 to reflect latest guidance for exceptional circumstances such as Brexit. Local best practices section has been also extended with highlights from Switzerland and France.

Presentation of the INREV Open Ended funds Survey followed by an interview with the INREV WG Chairman


11.20 - 12.05

Building innovation and digitalisation in RE operating platforms

Setting the scene with an overview of the digital opportunities in the RE world, a panel discussion with leading RE players will explore the digital opportunities in RE operating models, focusing on the current digital priorities for real estate, the challenges and opportunities and what this means for investment decisions and business models.


14.00 - 14.30

A regulator’s perspective on current regulatory hot topics and the potential game changer for the Real Estate


14.30 - 15.30

Real Estate Debt

Starting with an overview of the current state of the Real Estate Debt realm followed by a roundtable discussion


14.30 - 15.30

Risk Management in the RE world

  • RM Governance and substance requirements in times of CSSF on-side inspections and increasing European pressure
  • Deeper dive: Risk Management and Risk Measurement, adequate Board reporting; increasing demands for RE Risk professionals
  • Future Outlook – challenges & chances

15.30 - 16.30

Platform design and innovation – A drive for operational Efficiency