19 May 2020
Join IQ-EQ’s First Webinar in Our New CFO e-Lab Series
IQ-EQ is pleased to introduce the first webinar in our new CFO e-Lab series, focused on Singapore’s new variable capital company (VCC) regime, which launched in January 2020. Specifically, the session will explore:
Is the Singapore VCC creating new opportunities for asset managers looking to unlock ASEAN markets?
Singapore enjoys an established position as a globally reputable investment hub with its finger firmly on the pulse of Asia-Pacific growth opportunities. The Monetary Authority of Singapore (MAS) introduced this new, flexible VCC framework to ensure continued competitive advantage and uphold Singapore’s appeal among international players. The new regime became operational at the start of this year and is considered to be a game changer in the asset management industry.
In our unique masterclass session, we will hear from:
- Feng Fumin, Deputy Director at MAS – who will provide an overview of the Singapore funds landscape and share insight into the development and detail of the VCC framework
- Mark Voumard, Founder of Gordian Capital – who, as a key player in the Singapore funds industry, was involved in the MAS consultation process on the VCC structure and is currently leading the launch of Singapore’s first ESG-focused VCC fund. He will share his own experience with the VCC structure and discuss its practical advantages.
Following Fumin and Mark’s presentations, we will open the floor for an audience Q&A.
Not able to make it? Don’t worry! We’ll also be sharing a recording of the session via our new IQ-EQ Podcast platform, launching soon. Follow us on LinkedIn for further updates.
About the CFO e-Lab series
The private equity, real estate and private debt sectors have all experienced record growth in the past year. Private equity assets under management (AUM) increased to $3.4 trillion in 2019, the value of global property AUM reached $3.6 trillion as of June 2019, while private debt, the youngest asset class in the private capital universe, saw its AUM reach a record high of $812 billion in the same timeframe. Notwithstanding the effects of COVID-19, appetite for investment in these alternative asset classes is here to stay.
As these sectors continue to mature and evolve, the role of the chief financial officer (CFO) is also changing. Private fund CFOs are increasingly being asked to act as a ‘central hub’, tasked with actively driving value and business performance, finding and deploying innovative solutions to achieve greater efficiency, while also helping guide overall strategic direction as forward-looking datakeepers.
In recognition of this demanding remit and the importance of information sharing, support and networking, IQ-EQ’s CFO e-Lab series is a special programme of masterclasses targeted specifically to chief financial officers (CFOs) in the private funds sector. Each masterclass will focus on a different sectoral ‘hot topic’ – from VCC to ESG – and be delivered by senior professionals who are experts within that specific area. Click here to find out more about the initiative.