Through participation to the first module of our "Become an AIFMD risk manager" programme, participants should now have a good understanding of the regulatory risk management framework and know how to build it when it comes to alternative investments.
In order to complement this learning journey, we have created 2 specific modules focusing on private equity and real estate. With these modules, participants will now explore the connection between the valuation and risk management functions and how they are essential for a comprehensive understanding of financial management. In today's complex financial landscape, where uncertainty is a constant companion, understanding the profound relationship between these two functions is not just advantageous – it's imperative.
Throughout the training, we will navigate the landscape of valuation and risk management, examining their mutual influence and learning how to leverage their interconnectedness for optimal results. We will explore the nuances of how valuation assumptions impact risk assessments, and how the evaluation of risks, in turn, refines valuation models.
Our training is not a one-way lecture; it's an interactive and collaborative experience. Participants will engage in group discussions, share insights, and participate in practical exercises challenging them to apply the concepts they learn. Our aim is to equip participants with the knowledge and tools to foster a harmonious partnership between valuation and risk management, enabling strategic decisions that are both informed and resilient.
This module focuses on private equity.
Our complete programme is made of 3 modules:
- Become an AIFMD risk manager - Regulatory and governance (3h)
- Become an AIFMD risk manager - Focus on private equity (2h30)
- Become an AIFMD risk manager - Focus on real estate (2h30)
Participation to module 1 (Become an AIFMD risk manager - Regulatory and governance) is a prerequisite to access the modules specific to private equity and/or real estate.
Duration: 2h30
Language: Available in English and French. The supporting material is only available in English.
Number of participants: up to 15
Available as intra-company course (i.e. dedicated session on demand)
Objectives
By the end of this training, participants will be able to:
- comprehend the integral relationship between valuation and risk management;
- understand how valuation assumptions directly impact risk assessments and vice versa;
- utilise valuation parameters as key risk indicators;
- recognise the strategic advantages of integrating these functions in decision-making;
- possess the skills to communicate effectively across valuation and risk management teams;
- gain the insights to align financial strategies with risk appetite and organisational goals;
- be prepared to address the challenges and opportunities presented by an evolving financial landscape.
Content
- Fundamentals of valuation and risk management
- Valuation and risk management in different sectors
- Valuation's influence on risk management (and vice versa)
- Synergy in decision-making
- Regulatory and compliance considerations
- Technology and data integration
- Case studies and practical exercises
Target audience
- Current and future risk managers
- ManCo/AIFM conducting officers/directors in charge of risk management
- ManCo/AIFM board members
Our lead experts
This training is coordinated by Benjamin Gauthier, Partner and Rafaël Le Saux, Director in PwC Luxembourg.
Benjamin is a partner in the risk and regulatory team of PwC Luxembourg. He is playing an active role in the development of risk management practice for the asset management industry (including traded and non traded assets) considering both the regulatory requirements (i.e. UCITS IV, AIFMD) and best practices. He has led numerous risk management assignments including risk profiling and reporting.
Rafaël is a director within PwC Corporate Finance Luxembourg and leads the Valuation and Modelling Advisory services offering locally. Rafaël has over 13 years of relevant valuation experience and, prior to joining PwC, served as Conducting Officer Valuation for Partners Group’s AIFM, one of the largest in-house AIFMs in Luxembourg. He was also a standing member of all four asset-class specific global valuation committees overseeing more than USD100bn of AUM.
In his current role, Rafaël and his team support AIFMs with their valuation requirements, demonstrating strong expertise in valuation and modelling across several industries. Rafaël shows a strong expertise in valuation and modelling across several industries. He is a Chartered Financial Analyst, a Chartered Alternative Investment Analyst, a Chartered Financial Modeller and Accredited in Business Valuation by AICPA. Rafaël serves as vice-chairman of the Luxembourg Valuation Professionals Association (LVPA) and leads the LVPA Technical Working Group.
