ILA Alternatives Taskforce
DESCRIPTION
The ILA Alternatives Taskforce focuses on the governance of alternative investment funds (AIFs) and of alternative investment fund managers (AIFMs) from a Luxembourg perspective.
The main mission of the Taskforce is to support governing bodies, including Boards, in implementing good governance practices in AIF and AIFM structures.
The taskforce aims to:
Support governing bodies in:
Mastering the complexities of the AIF and AIFM structures for which they are responible
identifying or defining their role(s)
Setting the governance agenda of the AIF and AIFM structures for which they are responsible and prioritise their work
Overseeing the implementation of new regulatory requirements
Provide practical guidance on key governance, regulatory and operational questions asked by the governing bodies of AIFs and AIFM
Represent the interests of the governing bodies of AIFs and AIFMs
Improve the Luxembourg environment for AIFs and AIFMs
The Taskforce aims to achieve these objectives by:
Providing training to the governing bodies of AIFs and AIFMs
Providing practical guidance to the governing bodies of AIF and AIFM, inter alia, through publications and information sessions
Organising round tables and discussion groups to debate and develop consensus approaches to key issues that emerge in the alternative investment industry
Representing the interests of governing bodies of AIF and AIFM in key industry bodies