The Consequences of US Investors in Your Fund
Having a US investor in your fund has never had more impact on UK fund managers. Significant US investors have long been catered for by establishing dedicated feeder funds with discrete offering and subscription documentation. In 2012, managers with US investors are faced not only with SEC registration, but also, following the removal of a key exemption, potential registration with the CFTC as a commodity pool operator (CPO). If that was not enough, the Foreign Tax Account Compliance Act of 2009 (FATCA) will affect funds with US tax investors from 2013.
Kaye Scholer partners Simon Firth and Katherine Mulhern consider the consequences these regulatory and tax changes will have on UK managers and funds with US investors.
Tuesday, April 17, 2012
8:00 a.m. Registration and Breakfast
8:30 a.m. Session
9:20 a.m. Q&A
9:30 a.m. Session Ends
Simon Firth Partner, (Funds), Kaye Scholer LLP
Katherine Mulhern Partner, (US Securities), Kaye Scholer LLP
Accredited with 1 CPD hour