Seminar S-BA0013 - Illiquid alternative funds and their respective risks 

Target Audience

Risk managers, portfolio managers, management/executive positions and their team members.

Objectives

Enabling the understanding around the expectations towards the Risk Management function and facilitating the practical implementation of a Risk Management framework in the context of decision-making process/managing illiquid alternative investment funds. 

Content

  • Definitions and purpose of an illiquid fund. 
  • Regulatory Framework. 
  • Organization of an illiquid fund and stakeholders. 
  • The Risk Management function: governance and compliance stakes in the Risk Management for illiquid funds. 
  • Risk Management: from identification to reporting. 
  • Establishment of the risk profile: appetite and limits. 
  • Map of the main risk types: 
    • Market risk;
    • Liquidity risk;
    • Counterparty risk; 
    • Credit risk; 
    • Concentration risk; 
    • Sustainability risk; 
    • Reputational risk; 
    • Valuation risk; 
    • Operational risk. 
  • Specificities by investment type: 
    • Real estate funds; 
    • Private equity and private debt funds; 
    • Funds of funds; 
    • Insurance-linked strategies funds; 
    • Infrastructure funds; 
    • Hedge funds; 
  • Risk reporting. 
  • Challenges in practicing the Risk Management function. 

Sessions