More than 200 people have registered to attend a Guernsey event in London on 5 November which will examine the EU’s Alternative Investment Fund Managers Directive (AIFMD).
The event, AIFMD: Practical aspects of implementation, is being held at the recently refurbished Rosewood London and will see funds experts consider Guernsey’s dual regime approach to AIFMD, as well as other pertinent issues facing clients and advisers, a little over three months since the Directive came into effect.
These topics will include assessing the most appropriate route to market, portfolio and risk management, private placement bilateral discussions and Guernsey as a depositary centre of excellence.
Fiona Le Poidevin (pictured), chief executive of Guernsey Finance, the promotional agency for the island’s finance industry internationally, says: “AIFMD continues to dominate a large proportion of the coverage relating to the European funds industry so this event comes at a perfect time and will address many of the questions that still remain unanswered.
“The fact that more than 200 people have registered to attend suggests that fund practitioners are eager to hear more about this topic. It is also an opportunity to demonstrate how Guernsey’s dual regime could be the solution to some of the issues they are facing, particularly as it offers an attractive mix of options and flexibility for distributing funds into both EU and non-EU markets.”
Panellists for the event are Cathy Pitt, partner at Norton Rose Fulbright; Phil Bartram, partner at Travers Smith; Carl Rosumek, director of investment supervision and policy for the Guernsey Financial Services Commission; and Justin Partington, commercial director at Ipes.
Ben Morgan, partner at Carey Olsen, will moderate the panel session and also provide an overview of AIFMD and how it relates to Guernsey.
Le Poidevin says the event will appeal to investors, fund promoters, investment managers, fund formation lawyers, tax advisers and anyone launching a fund.
“Our panellists are extremely well-placed to provide fund managers with a significant level of detail and technical expertise on AIFMD, its implications and the options available,” she says.
The event, which is free to attend, takes place from 4pm on 5 November 2013 in the Grand Ballroom of Rosewood London. It will be followed by a drinks reception at 6pm.