Prepared for an alternative future II

Swiss-based managers and advisers of alternative investment funds (real estate, hedge and VC/PE funds) face some daunting challenges in the wake of impending new regulations. We’d like to invite you to a specialist seminar that will look at what these changes will entail and how you might go about addressing them. The proposed amendments to the Swiss Collective Investment Schemes Act (CISA) in response to the EU Alternative Investment Fund Managers Directive (AIFMD) will have a significant impact on current structures, business models and distribution channels in the industry in Switzerland. At the same time the new Liechtenstein Alternative Investment Fund Managers Law may present interesting and necessary structuring options.

We would like to highlight some of the opportunities this licensing regime offers, which PwC had the honour to help create. The seminar focuses on:

• New licensing regimes for Swiss and Liechtenstein AIFMs
• New distribution and point of sale regimes in Switzerland
• Impact at the fund and asset management entity levels
• The new Liechtenstein Administrator model for Alternative Investment Funds
• Tax structuring options

The emphasis is on practical solutions – presenting some potential approaches that are not only designed to ensure regulatory compliance, but could also help you maintain and even enhance product distribution and placement capabilities and overall tax efficiency (on both a product and manager level).