AIFs vehicles are becoming increasingly popular in the Luxembourg marketplace.
Although this asset class was already represented in Luxembourg with several vehicles in the form of UCI or non-regulated vehicles, recent trends have highlighted to local administrators and depositaries that alternative investments (ALT) are an asset class with totally different features and sources of risk, requiring specific skills and specific operational processes.
In this context, PwC's Academy is pleased to offer this dedicated training workshop designed to provide Luxembourg professionals with a comprehensive overview of the latest industry trends, as well as a thorough analysis of sector-specific issues and best practices.
Duration: 4h
Language: Available in English
Number of participants: up to 15
Available under intra-company course (i.e. dedicated session on demand)
Objectives
By the end of this training, participants will be able to:
- have a basic understanding of legal and regulatory aspects, including the different types of structures/funds available in Luxembourg and their features;
- identify the different stakeholders in the fund's administration and management, including the AIFM's role and responsibilities;
- ​understand the basics of tax structuring and mechanisms for ALT funds.
Content
- Section I - Regulatory aspects
- Review of private equity structures available in Luxembourg: SICAR, SIF, UCITS, RAIFs, SCSp/SCS, securitisation vehicles, SOPARFI
- Responsibilities of the service providers (including AIFMD requirements)
- Regulatory documentation in an AIF
- Section II - Tax issues
Why taking into account tax issues and making tax structuring?
Why is Luxembourg’s tax system interesting for ALT investments?
General overview of Luxembourg tax system
What is important when implementing tax-effective structures?
Repatriation mechanisms for ALT investments
Sample of sophisticated Luxembourg structure: SICAR/SIF/RAIFs
Target audience
- General partners and their employees
- Heads of administration, accounting and finance departments and their teams
- Sales and customer relationship managers
- Custodian officers
- Compliance officers and internal auditors dealing with private equity and venture capital vehicles
- Professionals of the financial sector involved in the management and/or administration of private equity and venture capital vehicles
Our lead experts
This training is coordinated by Christophe Szymkoviak, Partner at PwC Luxembourg.
Christophe is a partner in the Assurance department, and he is specialised in the asset management industry and more specifically in private equity funds and structures.
Christophe is an instructor for PwC employees and clients in the private equity industry.
