I’m pleased to announce the release of our 2024 Observatory for Management Companies ! Some of the key findings to keep an eye on in this new edition: ◾ 12% increase in Alternatives Assets under Management (AuM) by Luxembourg ManCos, led by non-regulated investments. ◾ 8 new entrants, all Authorized AIFMs. ◾ 11% growth in employee numbers compared to last year. ◾ Luxembourg ManCos are expanding their footprint in Europe, now with 271 branches in the EU ( 8% vs 2022). ◾ The top 3 ManCos manage over 1 trillion EUR AuM, an 18% increase since last year. Many more insights in the 9th edition of our #PwC #ManCo Barometer > https://lnkd.in/ei2i7vFY PwC Luxembourg I #pwc #assetmanagement #manco #aifms #AIFMD #managementcompanies #investments #assets

KPMG Luxembourg large-scale #manco & #aifm survey 2024: what about #ESG? 🏞 CAUTION! ⚡ In the past years, we have seen a rapid sprint towards ESG adoption, driven by investor demands and industry direction. Today, ManCos and AIFMs are shifting their stance into a more cautious approach, recognizing the operational challenges ESG implies. Prompted by increased regulatory scrutiny and high operational requirements, we have seen a tendency to #decelerate ESG adoption and, in some cases, players #reclassifying Art 9 funds. LPEA - Luxembourg Private Equity & Venture Capital Association ALFI - Association of the Luxembourg Fund Industry KPMG US KPMG Deutschland KPMG France KPMG UK Alan Picone Felix Lacher, FRM Jean-Christophe Cabilin, FRM Sabrina Benyagoub

💡 Interesting Insights on the Rise of Hong Kong as a Wealth Management Hub: As UBS CEO Sergio Ermotti highlights the competitive shift in global wealth management, the forecast on Hong Kong's ascent is particularly noteworthy. While this is a welcome prediction for the city, we are already seeing signs of capital inflow, especially from mainland China, with significant spending on individual insurance. 🔍 A Closer Look at Hong Kong's Insurance Surge: Hong Kong has long been a luxury shopping haven for mainland Chinese visitors. However, recent trends show a shift in spending patterns. While visits have decreased and trips are shorter, there's a notable exception for insurance spending. 📈 Key Highlights: 📌 Insurance Boom: The Hong Kong insurance industry posted a remarkable 12.2% increase in total gross premiums to $21.1bn in Q1, driven by individual life insurance and retirement annuities, which grew by nearly 20%. 📌 Mainland Influence: Mainland visitors are a significant driving force, with insurance sales to this group surging nearly two-thirds to $2bn in Q1. 📌 AIA's Growth: AIA, with Hong Kong as its biggest market, saw a 43% increase in new business value, boosting its margin to 64.3%. 📌 Regional Interest: Hong Kong’s insurance policies, particularly those offering dividend payments, are also attracting investors from other parts of Asia, especially in regions with lower interest rates compared to Hong Kong’s 5.75%. These trends highlight how mainland Chinese investments are significantly bolstering Hong Kong’s insurance sector, reinforcing the city's status as a burgeoning hub for wealth management.

Navigating the complexities of Foreign Direct Investment screening in Ireland will be crucial for those involved in M&A transactions. But what exactly makes a target’s activities notifiable? Understanding these activities ensures both compliance and a manageable Irish screening process. As the Irish landscape continues to evolve, staying informed on regulation is more important than ever. Read our full update here: https://lnkd.in/eNxXnH7D #FDI #MandA #IrishScreeningAct

🇪🇺🇱🇺 ICYMI, the Ministry of Finance, Luxembourg, Ministère de l'Économie - Luxembourg, Société Nationale de Crédit et d'Investissement and the EIF have announced a new €8 million #equity investment in the M80 Capital II CommV fund. It will boost the #digitalisation efforts, growth and expansion of European #SMEs. The agreement is one of the first investments under #LFF2, the second generation of the Luxembourg Future Fund 🔗 bit.ly/eif-LFF2-m80capital

Vytautas Plunksnis, Head of Private Equity at INVL Asset Management, the leading Baltic alternative asset manager, provides valuable insights into the private equity market in the Global Private Capital Association report "Private Capital in CEE: Building Businesses Against the Backdrop of a War." Access the full report here: https://lnkd.in/ei7CpGpG #alternativeinvestments #assetmanagement #privateequity #invl #market #insights #baltic #cee

Read the latest report from the Global Private Capital Association: "Private Capital in CEE: Building Businesses Against the Backdrop of a War." 📈 Despite geopolitical uncertainties, the fundamentals of Central European economies remain robust ⤵️ Edgar Kolesnik, Partner, Abris Capital Partners, who contributed to the report, commented: “CEE is growing much faster than economies in Western Europe. Compared with our Western peers, we have more organic growth within our businesses and are less dependent on financial engineering to deliver returns. At the same time, European Union and NATO memberships give investors comfort from a geopolitical and regulatory perspective.” Full report ➡️ https://lnkd.in/etj7tNmf #PrivateEquity #CentralEurope #CEE

GPCA released its latest report, "Private Capital in CEE: Building Businesses Against the Backdrop of a War." 📈 Despite geopolitical uncertainties, the fundamentals in most Central & Eastern Europe economies remain robust. This report explores recent trends, highlighting the enduring strength of private capital-backed businesses in the region. Access the full report here: https://lnkd.in/ei7CpGpG Thank you to the following contributors for providing insights: ‣ Edgar Kolesnik, Abris Capital Partners ‣ Dariusz Pietrzak, Enterprise Investors ‣ Cem Sertoglu, Earlybird Venture Capital ‣ Anthony Stalker, CEECAT Capital ‣ Lenna Koszarny, Horizon Capital ‣ Vesna Sipp, MidEuropa ‣ William R. Watson, Value4Capital ‣ Anne Fossemalle, EBRD ‣ Ketevan Liparteliani, IFC - International Finance Corporation ‣ Vytautas Plunksnis, INVL Asset Management Underlying data from this report is available to GPCA Members. For additional questions or feedback, contact [email protected]. #CEE #VC #PE #privatecapital #tech #trends #globalmarkets #invest

Last year was an interesting one for M&A in Europe. Despite formidable macro challenges, Eastern Europe's M&A market demonstrated remarkable resilience in 2023. Not only did we see local player expansion, but the region saw a resurgence in interest from inbound capital with a healthy increase in the investor base. We have partnered with leading law firm, CMS, to provide our annual Emerging Europe M&A Report for 23/24. Click the link below to access this report. Or....join us on Feb 7th at 11am GMT for a joint webinar presenting the results...reach out to get access. #emis #mergersandacquisitions #emergingmarkets

We are proud to join with KKR and Global Infrastructure Partners (GIP) to announce the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework #IPEF #IP3. Read about all of our coalition’s global investors and knowledge partners here: https://bit.ly/3XaEoFu