20 February 2024
Digital Event
Focus on Long-Term Investing
Date & Time
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Tuesday, 20 February 2024
from 10:00 to 11:00
Location
- Digital Event
Across the globe, long-term investing forms the basis of much of the financial system. Individuals who are saving for retirement or to fund a specific goal, asset owners who plan long-term commitments to match the needs of their beneficiaries, asset managers who align their goals with those investing via them, companies who make multi-year commitments to new projects, markets, or facilities, and communities who benefit from governments and businesses long-term decisions via job and wealth creation.
Long-term investing underpins some of the most important facets of economic growth globally and our Focus On digital event will host leading experts to unpack these facets from a variety of angles.
How are investors navigating challenges stemming from growing geopolitical tensions and stagnating global growth? Why does long-term investing matter for economies? Is the European pension market ready for ELTIF 2.0? And, how do we overcome valuation challenges relating to long-term illiquid investments?
Through a series of discussions our guests will unpack these questions and more, exploring pertinent issues relating to this pivotal aspect of the financial industry.
For sponsorship opportunities and information regarding the event, please contact: Aurélie Zambeaux
Replay
Programme
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10:00
Welcome Address
Matias Rubiolo, Adviser Business Development, Luxembourg for Finance
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10:05
Long-term investments in turbulent times
Jérôme Jean Haegeli, Group Chief Economist & Managing Director, Swiss Re
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10:20
Why long-term investing matters?
Richard Gröttheim, Former CEO, AP7 Swedish National Pension Fund
Helmut von Glasenapp, Secretary General, European Long-Term Investors Association
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10:35
ELTIF 2.0: ready to take off or still in the making?
Federico Cupelli, Deputy Director for Regulatory Policy, European Fund and Asset Management Association
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10:50
The valuation conundrum
Moderator: Hind El Gaidi, Vice Chair & Co-Founder, Luxembourg Valuation Professionals Association
Julian Dorado, Director, Investment Data Services, M&G
Vincenz Rentsch, Head Investment Valuations Europe/Americas, Partners Group
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11:10
End of livestream
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Speakers
Federico Cupelli
Deputy Director for Regulatory Policy, European Fund and Asset Management Association
Contact:
Federico Cupelli is Deputy Director for regulatory policy at EFAMA. He oversees a small team covering regulatory developments in all fund product-specific areas, including ELTIFs besides others, as well as capital markets-related issues. His team also covers third-country fund distribution issues and monitors several of the international regulatory initiatives affecting the regulation of the European asset management industry.
Before joining EFAMA in September 2014, Federico worked for three years as a senior advisor in the asset management regulation policy division at the French Autorité des Marchés Financiers (AMF) in Paris, covering a series of asset management-related initiatives within ESMA, as well as globally at the FSB and IOSCO-levels. Prior to the AMF, Federico was working as policy officer at the European Commission DG Internal Market, in charge of preparing the “UCITS V” initiative.
He has a Masters Degree in International Economics & Affairs from the Johns Hopkins University in the U.S. and a Certificate in Investment Management from the London Business School.
Julian Dorado
Director, Investment Data Services, M&G
Contact:
Julian Dorado is responsible for the delivery of Investment Data capability at M&G.
He is a highly experienced Finance professional and has been at M&G for over 20 years. He has significant experience in leading transformational Investment Data strategy with Global Market Data and Technology partners driving the Investment Process, Client and Regulatory Servicing. The development ESG and Sustainability capabilities has been a more recent focus with data provision, quality, governance and developing ESG services for Clients and the Regulator.
Julian has in depth knowledge of Investment Data, ESG and is an expert in Valuations having been a Senior Member of the Valuation Committee for over 17 years and currently Vice Chairperson. Julian has also led Data Governance Framework development and been a director on the EDM Council for over 10 years and continues to be passionate about developing data capabilities. Developing partnerships with major technology and market data partners has enabled him to assist in developing market leading capabilities for a number of businesses across public and private assets. Partners have included Bloomberg, Blackrock Aladdin, EDM Council (Director), S&P Global, Microsoft (Azure) and a number of leading ESG data providers.
Hind El Gaidi
Vice Chair & Co-Founder, Luxembourg Valuation Professionals Association (LVPA)
Contact:
Hind El Gaidi is the Head of Luxembourg at ICG, a UK-listed global alternative asset manager. With a 30-year track record in corporate, credit, and real asset strategies, ICG manages over €80 billion in assets.
Having established a presence in Luxembourg since 2013, ICG remains committed to investing and expanding in the region to align with market dynamics and achieve its growth objectives.
Before joining ICG, Hind served as the Head of Valuation, Marketing and Financial Information at Astorg in Luxembourg. Prior to that, she accumulated a decade of experience in Deals & Valuation in Amsterdam.
Hind is an avid supporter and promoter of the Luxembourg ecosystem especially in alternative investments.
She is a board member and co-founder of the LVPA (Luxembourg Valuation Professionals Association), and an active member at the LPEA (Luxembourg Private Equity Association) where she co-chairs the Market Practice & Operations technical committee.
Since 2023, Hind is also the chairperson of the Catapult Future Foundations Programme by the LHoFT to enhance the mutualisation within the financial industry.
Richard Gröttheim
Former CEO, AP7 Swedish National Pension Fund
Contact:
Richard Gröttheim was the CEO of the Seventh AP fund between 1st of December 2010 and 31st of May 2023.
Prior to that he was Executive Vice President at AP7 since April 2000. He was head of the Monetary and Foreign exchange policy department at the Swedish central bank between 1993 and 1999. He has also been chief economist at the Swedish brokerage firm Aragon Securities. He is now working as an advisor and board member.
The Seventh AP fund acts within the premium pension system, the defined contribution part of the government pension system. It is a global equity fund but invests also in alternatives as Private equity and Real Estate.
Richard holds a Degree of Bachelor of Science in Business Administration and Economics from Stockholm University.
Jérôme Jean Haegeli
Group Chief Economist & Managing Director, Swiss Re
Contact:
As Group Chief Economist for Swiss Re, Jérôme Jean Haegeli is responsible for the economic and insurance market research. He is also the managing editor for the sigma series, Swiss Re’s flagship research series.
Jérôme leads the global research teams located in Zurich, New York, Bangalore, Beijing and Hong Kong and provides macro and insurance industry research and associated consulting services for the Group. He steers the scenario analysis, provides the macro and insurance industry analysis and forecasts, while contributing to a sound global financial market architecture and making the world more resilient.
Jérôme served as Co-Chair of the World Bank’s Global Infrastructure Facility (GIF) Advisory Council. He is particularly active in external committees at the Institute of International Finance and the WEF and participates in roundtable discussions with policymakers; this to strengthen the positive dual role of the insurance sector as a long-term investor and risk absorber. Jérôme is a Board member of London School of Economics (LSE) Financial Markets Group (FMG) and the International Capital Market Association (ICMA). He also serves as Director of the Board at the China Asia-Pacific Reinsurance Research Center (CAPRRC).
Previously at Swiss Re, Jérôme was Head of Investment Strategy at its proprietary Group Asset Management for nearly ten years. Prior to joining Swiss Re, he was Swiss National Bank’s Delegate at the Executive Board of the International Monetary Fund in Washington DC and Senior Economist at the Swiss National Bank, UBS Warburg and Bank Julius Baer.
Jérôme holds a PhD in Economics from the University of Basel, an MSc in Economics from the London School of Economics and was a Visiting Fellow at Harvard University’s Economic Department.
Vincenz Rentsch
Head Investment Valuations Europe/Americas, Partners Group
Contact:
Vincenz Rentsch leads the Investment Valuation teams in Europe and the Americas at Partners Group .Partners Group manages USD 150b assets in private markets which are offered through mandates, evergreen structures as well as traditional closed-ended private markets programs.
At Partners Group, Vincenz had various roles and thereby ramped up multiple teams and processes in relation to the valuation and monitoring of direct equity, infrastructure and debt as well as fund investments. In Luxembourg, he further acted as Conducting Officer Valuation. Before joining Partners Group in 2015, Vincenz worked for a financial advisory firm, mainly focusing on corporate valuations for transactional and litigation purposes, including tender offers.
Vincenz has a Masters Degree in Accounting & Finance from University of St. Gallen and pursues an Executive MBA at Chicago Booth.
Matias Rubiolo
Business Development Adviser, Luxembourg for Finance
Contact:
Matias Rubiolo is an Adviser for Business Development at Luxembourg for Finance (LFF).
Matias role is to advise LFF and its stakeholders on the strategic orientation of the financial centre, specialising on the alternative assets side. He also advises financial services companies looking to develop their cross-border businesses via Luxembourg and on synergy creation with other key financial centres, with a focus on Iberia & Latin America.
Prior to joining LFF, Matias worked at PwC serving clients in the global asset and wealth management sector and at the European Investment Bank (EIB) in the Corporate Lending for Asia, LatAm & Sub-Saharan Africa unit. He is a Certified Public Accountant graduated from Universidad Nacional del Litoral (Argentina) and holds an MBA from Southampton Business School (UK).
Helmut von Glasenapp
Secretary General, European Long-Term Investors Association
Contact:
After an apprenticeship in banking, Helmut von Glasenapp studied business administration in Germany. He gained his first business experience with Treuhandanstalt, the former privatisation agency in the eastern part of Germany. In 1993, he joined KfW in the Berlin office.
From 1997 until 2005, he invested on behalf of KfW in Venture Capital and Private Equity Funds and managed a part of the innovation financing division of KfW Frankfurt.
In 2005, he was asked to assist the European Commission as a Seconded National Expert notably to prepare an Equity Promotional Programme for SMEs.
In 2007, he continued in Brussels as head of the KfW Liaison Office to the European Union before he was appointed as member of the EU Task Force for Greece of the European Commission until 2015.
He joined the Brussels based Secretariat General of the European Long-Term Investors Association in 2016 and was elected as ELTI Secretary General in October 2016.