José María Ortiz, ECE Real Estate Partners

José María Ortiz

José María Ortiz, Managing Director, Chief Financial Officer and Conducting Officer Portfolio Management – Prior to joining ECE Real Estate Partners in December 2010, from April 2006 to December 2010, José was Group Financial Controller at Hines in Luxembourg, where he was responsible for the co-ordination of the legal and tax structuring process of open-ended and closed-ended fund structures, co-ordination of acquisitions and disposals, finance and cash management, financial reporting, fee structuring, annual budget review and approval. In addition, during José’s time at Hines, he held directorship functions for Luxembourg private limited liability companies. Prior to joining Hines in April 2006, José worked from July 1999 to April 2006 at Arthur Andersen-Ernst & Young in Madrid and subsequently in Luxembourg and became a Manager in 2004. Whilst at Arthur Andersen-Ernst & Young, José’s tasks included auditing Luxembourg closed-ended investment funds investing in the European Union in development and operating projects ensuring compliance with IFRS and US GAAP and advising on the set up of different Luxembourg fund structures (FCP, SICAV, SICAR and SICAF). Prior to Arthur Andersen-Ernst & Young, José worked for the Spanish Foreign Affairs Ministry (Casa de América) in Madrid from September 1996 to May 1999, where he was a financial analyst. José obtained a degree in Economics and a PhD in Monetary Markets from the Universidad Complutense de Madrid in 1994. Additionally, José obtained the diploma Expert Comptable from the Ordre des Experts Comptables, Luxembourg in 2005. José is fluent in Spanish, French and English and has a very good working knowledge in German and Italian.

Agenda

Day 1 - Tuesday 22 November
09.50

GP perspectives: translating trends into investment strategies and returns

Creating new products, adapting portfolios, adjusting financing: how GPs anticipate market developments, interest rates, inflation, FX variations, regulatory changes and more
11.05

Family offices as private assets investors

Private family capital is larger than private equity and venture capital combined. The increasing concentration of wealth held by very wealthy families is fueling the growth of family offices around the globe. Luxembourg hosts over 100 family offices and is an attractive jurisdiction for more to come. Designed to preserve wealth for future generations, family offices offer a high degree of independence with regards to investment choices and have become a mainstream investor into private assets over the last years. Next to the returns offered by private assets, it is also the entrepreneurial DNA of family offices that attracts them to private assets and often asks for an active role to play as shareholders. What do family offices mean to Luxembourg and the private assets market? We will discuss opportunities, challenges and perspectives.
11.30

LP onboarding: what to expect and how to accommodate

  • Views of an asset manager raising capital through a Lux fund: LP due diligence, latest trends in investor focus (ESG and diversity, liquidity management, expenses and fees transparency, credit facilities, continuation funds, cybersecurity and data protection, staffing at GP/manager level);
  • Views of a service provider: (remote) solutions for AML, challenges and opportunities for smooth LP onboarding;
  • Status quo and legal framework around digitalisation of sub docs/e-signatures, onboarding platforms and bespoke LP needs: Luxembourg tools for bespoke co-investment, feeders, parallel funds, reporting etc. as well as the impact of retailisation on investor due diligence and onboarding (KYC)
14.05

What to expect when structuring your NAV facility

Session kindly facilitated and sponsored by Allen & Overy

Financing products come in different shapes and forms throughout the lifecycle of a fund. Net asset value (NAV) facilities permit the raising of new financing backed by a fund’s portfolio of assets, in support of, among others, liquidity management, follow-on investments and beyond. The structuring options are numerous and NAV facilities can be found across asset classes and investment strategies. This panel will discuss the product landscape of NAV facilities, features across asset classes and key concepts.

 
15.50

Luxembourg for private assets: The data to back it up
16.10

Digital platforms for private markets investment - disruption or sustainable innovation?

Digital investment platforms are disrupting private markets, offering an alternative for institutional and individual investors seeking exposure to private equity, including venture capital and private debt, as well as real assets. What are the technologies behind this facilitated access to private asset investments? Discover some of the well-established platforms and some of the new kids on block, learn about their operating models and what led to their success, the role of partnerships with renowned fund managers, and the next development phases and ambitions for the coming years.
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