Reporting, tax and regulatory update: what alternative investment companies need to know

Hosted by EY's Global Asset Management Center

Asset management

January 24, 2013 18:00 GMT

January 24, 2013 19:30 GMT

Duration: 01:30

Audio broadcast live from: New York

How will regulations, reporting requirements and tax legislation affect alternative fund companies this year, and what will have the most impact?

In this webcast, our professionals will update you on developments affecting financial reporting and investment company taxation, as well as on which issues regulators are most highly focused.

Join our panel for an interactive discussion on topics including:

  • The AIFM Directive and key SEC-related topics affecting alternative funds
  • Update on tax legislation
  • Update on accounting and valuation issues affecting alternative funds

Register today

Panelists

Alex Johnson

Partner, Financial Services Office, Ernst & Young LLP

Alex is an audit partner in our Financial Services Office focusing on alternative investments within our asset management practice. Alex’s Industry exposure includes domestic and offshore hedge funds; private equity funds; hedge fund and private equity fund-of-funds; SEC, CFTC and Cayman registrants and investment advisors.

Alex is Certified Public Accountant in both Massachusetts and New York and received his BS in Business Administration with a major in accounting from Bucknell University. Alex is a member of the American Institute of Certified Public Accountants (AICPA), Massachusetts Society of Certified Public Accountants (MSCPA) and New York State Society of Certified Public Accountants (NYSSCPA). Alex is currently a member of the MSCPA Alternative Investments Committee where he leads the technical subcommittee and efforts around communication of, and consistency in application of new and emerging standards across the industry in Massachusetts.

Daniel New

Senior Manager, Asset Management Advisory Practice, Ernst & Young LLP

Daniel New is a senior manager in EY’s Asset Management Advisory Practice with over 13 years of advisory experience, primarily serving financial services firms. He works with clients to improve the overall effectiveness of operations and to assess and improve the internal control environment related to client operations. Prior to working at EY, Daniel worked for Cap Gemini EY assisting several different companies within the Financial Services Industry. Daniel primarily assists global asset management firms implement comprehensive, firm-wide compliance programs, develop compliance polices and procedures, and implement compliance monitoring and oversight frameworks. He is a C.P.A., member of the American Institute and Massachusetts Society of Certified Public Accountants and an active member of the NICSA Compliance and Risk Management Committee. Daniel has also facilitated several industry roundtables for traditional and alternative compliance officers.

Naheed Tapya

Senior Manager, Financial Services Office, Ernst & Young LLP (UK)

Naheed is a senior manager in the Financial Services Office and focuses primarily on the Investment Management Sector. She works with a number of leading asset managers, service providers and hedge funds. Naheed has recently led a number of regulatory driven change projects for Asset Managers focusing on FATCA & AIFMD.

She works closely with a number of asset managers to assist in designing and planning their FATCA implementation programs building on work carried out in initial impact assessment phases including providing support on communications, business requirements definition and programme planning. She also leads the workstream for the development of a set of standards and requirements that translate the proposed FATCA regulations into ‘operational language’ to allow the global business to conduct a gap analysis against current processes.

Prior to joining Ernst and Young, Naheed spent 7 years working in both project and operational line capacity for JP Morgan Asset Management.

Kerri A. Keeley

Partner, Asset Management Tax Practice, Ernst & Young LLP

Kerri is a Partner in EY’s Asset Management tax practice. Since joining the firm over sixteen years ago, Kerri has provided tax services to a wide variety of clients. She is the tax leader on several large investment partnerships.

Kerri is highly experienced in a wide range of tax issues affecting funds, including U.S. domestic and offshore fund structuring, tax efficient securities investing strategies, year-end tax planning and reporting partnership allocation issues.

Kerri’s client base encompasses funds with a broad array of trading styles, including long-short equity, credit derivatives, global macro, commodity trading, asset and mortgage backed investing, distressed investing, foreign currency, other alternative investments, as well as fund of funds and private equity.

Moderator

Natalie Deak Jaros

Partner, Financial Services Office, Ernst & Young LLP

Natalie is a Partner in Ernst & Young LLP’s Financial Services Office. She provides assurance and advisory services to hedge funds and private equity funds. Natalie also leads SAS 70 (SSAE 16) examinations for hedge fund administrators and investment managers. Her experience ranges from servicing start-ups to large global managers. Natalie has significant knowledge of US GAAS, US GAAP and regulatory issues relating to alternative investment funds. Her clients include multi-billion dollar hedge funds of varying structures and strategies. Natalie has advised hedge funds on their operations, regulatory, structuring, accounting and valuation areas.