Keith Burman, Kalkbay

Keith Burman Keith Burman has been an independent non-executive director since February 2014, focusing on European and global real estate, private equity, private debt and infrastructure investment funds. Keith spent 3 years setting up a 3rd-party AIFM, 2 years running State Street’s EMEA AIS PERE administration teams in Luxembourg and Ireland, 8 years building BBH Luxembourg’s PERE administration business and 7 years as an investment surveyor with LIM/JLL. Keith is a 27-year veteran of the investment industry. He is a Fellow of the Royal Institution of Chartered Surveyors (FRICS) and an ILA Certified Director, and brings experience in Real Estate Investment Management, Real Estate and Private Equity Alternative Fund Structuring, Fund Administration, Anti-Money-Laundering, and Depositary Services to his role as an Independent Director. Based in Luxembourg since 2001, Keith is a South African, British and Luxembourgish national. He is a native English speaker and fluent in French.

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