Become an AIFMD risk manager - Focus on private equity

• Current and future risk managers
• ManCo/AIFM conducting officers/directors in charge of risk management
• ManCo/AIFM board members

Through participation in the first module of our "Become an AIFMD risk manager" programme, participants should now have a good understanding of the regulatory risk management framework and know how to build it when it comes to alternative investments.

In order to complement this learning journey, we have created 2 specific modules focusing on private equity and real estate. With these modules, participants will now explore the connection between the valuation and risk management functions and how they are essential for a comprehensive understanding of financial management. In today's complex financial landscape, where uncertainty is a constant companion, understanding the profound relationship between these two functions is not just advantageous – it's imperative.

Throughout the training, we will navigate the landscape of valuation and risk management, examining their mutual influence and learning how to leverage their interconnectedness for optimal results. We will explore the nuances of how valuation assumptions impact risk assessments, and how the evaluation of risks, in turn, refines valuation models. Our aim is to equip participants with the knowledge and tools to foster a harmonious partnership between valuation and risk management, enabling strategic decisions that are both informed and resilient.

This module focuses on private equity.

By the end of this training, participants will be able to:

• comprehend the integral relationship between valuation and risk management
• understand how valuation assumptions directly impact risk assessments and vice versa
• utilise valuation parameters as key risk indicators
• recognise the strategic advantages of integrating these functions in decision-making
• possess the skills to communicate effectively across valuation and risk management

• Fundamentals of valuation and risk management
• Valuation and risk management in different sectors
• Valuation's influence on risk management (and vice versa)
• Synergy in decision-making
• Regulatory and compliance considerations
• Technology and data integration
• Case studies and practical exercises

Our training is not a one-way lecture; it's an interactive and collaborative experience. Participants will engage in group discussions, share insights, and participate in practical exercises challenging them to apply the concepts they learn.

An attendance certificate will be sent to participants.

This training is coordinated by Benjamin Gauthier, Partner and Rafael Le Saux, Director in PwC Luxembourg.

Benjamin Gauthier is a partner in PwC Luxembourg’s Regulatory and Compliance consulting team, specialising in Risk Management and governance for the Asset Management industry, with advisory services for private equity. He leads the Risk Management for Asset Management team and the “Managed Services” outsourcing initiative. With 20 years of experience as a Risk Manager and consultant in investment funds and asset management, Benjamin has developed strong expertise in these sectors. He is an active member of ALFI/AIFMD and serves on the board of ALRiM, the Luxembourg association of risk managers. His work includes regulatory reporting, governance, ESG, and risk monitoring solutions for global clients.

Rafaël Le Saux is a director specialising in Valuation Services at PwC Corporate Finance Luxembourg, bringing 16 years of valuation expertise. Before joining PwC, he served as Conducting Officer Valuation for Partners Group’s AIFM, managing USD 120 billion of assets and participating in global valuation committees across multiple asset classes. He has over nine years of experience in valuation and modeling at a major professional services firm across France, Australia, and Chile, and also held an Associate Director role at a niche infrastructure fund focused on Public Private Partnerships in developed economies. His expertise includes AML/KYC, CTF, sanctions, and fraud, with key projects in portfolio valuation, business and intangible valuation, financial modeling, AIFM valuation advisory, and infrastructure, private equity, and venture capital.