20-21 November 2018European Convention Center Luxembourg
David Aaronovitch, British journalist, Times columnist and BBC broadcaster, delivered an excellent and well-received address on surviving populism and the shift away from a world driven by #economics to one governed by the #ideology of resentment at the ALFI PE&RE pre-event seminar. From Brexit to Trump, and going through the examples of France, Germany and Central-Eastern European countries, homo ideologicus seems to win over homo economicus. The symptom is spreading faster that we’d...
Private equity funds take many different shapes, and choosing the best set-up for your next PE fund can seem all but straightforward. Understand your options and get decision support at the ALFI PERE Conference, which is dedicating a session to PE structuring trends. What forms can private equity funds take, and what drives the structuring decisions? Why do asset managers resort to parallel structures or master-feeder structures and for what type of funds? Luxembourg serves as a...
Luxembourg’s reputation as a reliable hub from which to serve the European alternative fund market has gone global. Now, increasing numbers of players are building new innovative solutions on this solid foundation. More than 600 participants at ALFI’s Private Equity and Real Estate Conference on 21 and 22 November discussed these trends and arising opportunities. Walk through the main topics at the conference in this video report. With Luxembourg being the world’s number three hub...
If ten years ago alternative investment was still a niche attracting only very specialised investors, it is set today to share the mainstream with traditional asset classes. Pension schemes and other large wealth management fund asset owners are now looking to invest in a very active way. “In case of a large drop in the value of listed securities, asset classes like infrastructure usually go in the opposite direction and start to rise in value, says Stuart Lawson, senior vice president,...
Alexander Taft, managing director at Invesco Real Estate says using economies of scale, concentrating AIFMD activities in Luxembourg only and creating know-how are some of the strategies that proved of great benefit to the company. He argues that the real estate industry still has happy days ahead, although there is a lot of talk about the end of a cycle. “At the moment there is capital, there are people and there’s technology becoming available and I think we should more consciously embark...
Fund governance has become a major discussion topic over the last years as investors are demanding for more transparency of the operation of the fund. New service providers have emerged, some of which only focus on fund governance. This evolution has been a natural process and Luxembourg was able to draw on an ecosystem that was already available. "The governance model is providing the transparency and the independence that investors are looking for but also helps manage the risk and...
Fund raising has improved tremendously over the years since the financial crisis mainly because institutional investors that used to invest in fixed income products are looking more and more at alternative investment products nowadays. Patricia Volhard, Partner at Debevoise & Plimpton LLP, says we are now at a peak for fund raising in private equity funds. And although the regulatory environment remains the main challenge for PE funds, professionals got used to the new requirements under...
sponsored and presented by Join us for an interactive Short & Sharp Stage session on 22 November at 1:15pm and find out how you will stay ahead with 8 technologies already impacting real estate? Digital as an integral part of your business strategy to achieve: Cost savings and increased profits Make better investment decisions Competitive advantage Top line growth Unlocking new business models Artificial intelligence and robotics will attract...
sponsored and presented by Join us for an interactive Short & Sharp Stage session on 21 November at 1:15pm, focusing on the operational challenges facing the PE Industry. These include: An increasingly crowded market High valuations and tighter margins; forcing the whole industry to better manage their costs and improve their operating efficiency Transparency, regulation and high investor expectations; forcing players to create more efficient and capable systems and...
The influence of investors in the private equity industry is growing significantly and has never been as strong as it is today. Join us as we explore the key findings of a worldwide research study investigating the current state of play in Private Equity fund governance. Using the main insights of the research as a backdrop, panellists provide a (post-AIFMD) reality check on the fundamentals of fund governance and operational due diligence, and discuss their views on the...
The PE industry has to rapidly adjust to more demanding investor reporting standards, tighter governance, and an increasingly complex regulatory framework and evolving operational requirements for standardisation and automation in PE operating models. Dealing with these challenges effectively requires close cooperation between the GPs and their key business partners and stakeholders. It is incumbent on service providers to have the expertise and tools at their disposal to ensure their...
