Alternative Investment Funds Annual Conference

This conference will focus on a broad spectrum of alternative asset managers issues ranging across private equity, private credit, hedge funds, liquid trading / crypto assets and real assets. The afternoon will feature a plenary session, panel discussions and elective deep dive breakout sessions from a mixture of speakers.  After the conference, you will get a chance to network with industry colleagues and PwC's Alternative Investment Funds team over drinks and canapés.

During the coffee breaks and networking sessions, we will be showcasing the following industry focused technology solution demonstrations in The Frontier Data Lab: 

• Ops tax tool - The PwC Op Taxes tool helps clients monitor global tax rules whilst being able to assess the impact of Op taxes on a portfolio’s returns. The tool also provides a clear risk management process through which clients can understand the tax risk ratings across a range of investments and manage portfolio risk effectively while capturing specific business guidance and advice for wider consumption in the organisation.  

• Engagement Center - The PwC Engagement Center is a multi-faceted workflow tool which helps clients collaborate with their PwC team, manage activities, share data and documents and monitor the progress of deliverables all in one place, accessible at any time, from anywhere in the world in a way that is transparent and secure. 

• IBCI calculation tool and investor reporting - The Income Based Carried Interest (‘IBCI’) rules seek to tax carried interest as trading income (at up to 47%) to the extent that the weighted average holding period (‘WAHP’) of an investment scheme is less than 40 months. This tool automatically performs the WAHP calculation and the conditional exemption calculation for each of your funds and feeds the output into a visual output that not only allows you to see the WAHP of your investment schemes, but also provides analytics on an investment by investment basis.

• ESG reporting tool - If you're a fund manager, with multiple funds and potentially thousands of investments, assessing the tax credentials of each is challenging, isn't it? That's where our solution comes in as part of our wider ESG toolkit. Taxation plays an important role in a company's affairs, even if it is not often at the forefront of ESG conversations. The tax ESG tool will consider key taxation aspects of listed companies, the solution performs an analysis of the data, and calculates a scoring for each company, with the results displayed in an interactive visualisation.

• FATCA/CRS - Our approach to FATCA/CRS reporting leverages technology and our team of experts to deliver a high quality, efficient outsourced service that provides clients with an intuitive way to achieve effective oversight and control. The technology platforms we deploy allow flexibility in how we receive data, provide interactive dashboards allowing clients to get straight to the insights that matter, and deliver reliable report production in over 80 countries. Our specialist engagement teams are on hand to support clients with seamless advice and support in real time alongside our reporting service.

Agenda

1:30 - 2:00pm - Registration and refreshments

2:00 - 2:10pm - Welcome by Robert Mellor and Fiona McVeigh

2:10 - 2:30pm - Keynote speech by Leo Johnson: Sustainability & “Financing the Future”

2:30 - 3:00pm - Panel discussion session: “How the Alternative asset management sector is impacted by ESG developments”

3:00 - 3:15pm - Coffee break / technology solutions demonstration 

3:15 - 4:15pm - First elective breakout session

4:15 - 4:30pm - Coffee break / technology solutions demonstration

4:30 - 5:30pm - Second elective breakout session 

5:30pm onwards - Networking - Drinks and canapés

Elective Breakout sessions - please select your two choices from the following: 

1. Delivering Reward and Managing Equity Transactions - As a maturing industry deals with the need to structure an attractive reward package for its staff, it must also manage equity events which interact with the reward strategy, such as IPOs, M&A deals, the need for co-investment funding, the Next Gen conundrum and Leavers and Retirees equity; we will lift the lid on the structuring, tax and market challenges posed by such Reward and Equity Transactions. Speakers: Robert Mellor, Stephen Jones, Sam Yildirim, Adam Cox & Christine Cairns & Richard McGuire.
2. Under the HMRC spotlight: Current trends in asset manager tax enquiries - After a stream of tax legislation and tax cases targeted at the asset management industry and partnership structures, we are seeing a flurry of HMRC enquiries.  Join us to discuss salaried and mixed members enquiries; HMRC’s thinking on the DIMF legislation, carried interest and IBCI; when miscellaneous income challenges can arise; and latest developments on transfer pricing enquiries. This session will also discuss how to manage an HMRC enquiry process. Speakers: Darren Docker & Giovanni Bracco.
3. Alts to the People: Recent developments in Alternative Product Structuring - The UK “Future Funds Regime”, the “Retailisation” of alternatives, the UK QAHC regime, the impact of AIFMD 2 proposals and the growth in Continuation Funds; from product design to product oversight and product distribution - How fit for purpose are your fund products? Speakers: David Selden & Marc Susgaard-Vigon.