Thinking critically about valuation – 21 May

The second day of the FIABCI 65th World Congress will be devoted to the topic Finance & Tax.

This half-day will be devoted to the opportunities the finance and tax sector can offer in Luxembourg. In particular, it will provide an overview on the different legal and regulatory aspects involved. The themes and issues to be tackled by the expert panel are: Dealing with regulations and transparency policies and Thinking critically about valuation.

After an opening by Nicolas Mackel, CEO of Luxembourg for Finance, consecutively posted at Luxembourg’s Permanent Representation to the EU (2002-07), as Deputy Chief of Mission at Luxembourg’s Embassy in Washington DC (2007-11) and as Consul General in Shanghai (2011-13) where he was in charge of promoting Luxembourg’s economic interests throughout China as the Executive Director of the Luxembourg Trade and Investment Office, professionals will benefit from a panel session composed of:
John Howell – Editorial Director, OPP Media
Serge Krancenblum – CEO, SGG
Terry Dunkin – President, FIABCI World Council of Experts

In addition to this panel session, experts’ workshop sessions will take place throughout Day 6 covering topics and led by renowned speakers such as:
•    Luxembourg, the hub for Real Estate investment structures,  SGG
•    Luxembourg’s response to Real Estate trends, KPMG Luxembourg
•    Luxembourg: Leading European domicile for Real Estate Investment Funds, LuxembourgforFinance
•    Luxembourg, AIFMD ready for your Real Estate structures, LuxembourgforFinance
•    Negotiation of Luxembourg Real Estate deals: tricks, traps and legal points of attention, Baker & McKenzie
•    Real estate practice in the Benelux: overview of the financial, tax and other aspects of a Real, Loyens & Loeff

Focus on Serge Krancenblum, CEO at SGG
Serge has had a 30-year career in transnational solutions for institutional investors, entrepreneurs and family offices. He has been educated both in France and the USA. He is CEO of SGG Group, a multi-family office, corporate and fund service provider based in Luxembourg, the Netherlands, Switzerland, Belgium, the USA, China, India, New Zealand and nine other countries. Prior to heading SGG, Serge has held various managerial positions at KBL European Private Bankers and was a partner with Arthur Andersen. Serge acts as an independent director on the boards of several public and private companies and investment funds. Serge is the president of the Luxembourg Association of Family Offices.

Focus on Pierre Kreemer, Head of Real Estate & Infrastructure at KPMG Luxembourg
Pierre Kreemer has over 20 years’ experience in diversified international tax advisory services. After graduating with a business degree from the University of Liège (Belgium) and qualifying as a tax adviser under Luxembourg law, (an expert comptable), he joined KPMG Tax in 1993. He was promoted partner in October 2006. He has led the Real Estate & Infrastructure Tax Group since 2009 and KPMG Luxembourg Real estate & Infrastructure Line of Business since 2012.

Pierre has an international corporate tax background and is regularly involved in large transactions and reorganisations for a high-level international client base with a focus on corporate reorganisation and the structuring of real estate/infrastructure funds (both regulated and unregulated) and transactions. Since the crisis in 2009 he has also been leading several initiatives on the restructuring/workouts of distressed real estate funds, as well as assisting in the set-up of debt funds. Furthermore he is part of KPMG’s international team servicing pension funds and sovereign wealth funds. He is also closely involved in analysing the tax aspects of the EU AIFM Directive. Finally, he is a member of the INREV Tax Committee and co-chairs the Strategy Working Group for Real Estate of the Luxembourg Investment Fund Association (ALFI).

Focus on Kai Braun, Luxembourg Alternatives Advisory Leader at Ernst & Young
Kai has more than 10 years’ experience as a consultant at Ernst & Young in the alternative investment sector. He also gained significant hands-on experience while working as head of operations for a leading German service provider both in terms of administration and custody in Luxembourg. In this position, Kai was in charge of accounting, transfer agency and reporting for 25 PE and RE funds and 80 Luxembourg domiciled companies and SPVs.
He is a member of the ALFI Risk Committee for Alternative Investment Funds.

Learn more about other speakers here