Alternative Investments

Crypto assets and NFTs: Reporting and CRS Changes

Big changes in crypto-asset reporting and CRS At the request of the G20, and in view of consistently increasing tax administrations visibility, the OECD released a public consultation document on 22 March 2022 introducing a Crypto-Assets Reporting Framework (CARF), as well as proposed amendments to the Common Reporting Standard (CRS). In recent years, we […]

Bringing clarity around private equity asset valuations

This article was originally published on by Robert Ohrenstein, Partner, Global Head of Private Equity, KPMG International, Mr. Sean McKee, National Practice Leader, Public Investment Management, KPMG in the U.S. and Jonathan Martin, Partner, Head of Private Equity UK Audit, KPMG in the UK. The timing of COVID-19 has brought uncertainty and confusion […]

Proactive portfolio management and future planning

The article was originally published on by Robert Ohrenstein, Partner and Global Head of Private Equity for KPMG International. It feels much longer than the 3-4 weeks that have passed since I set out my initial thoughts concerning COVID-19, Being Robust in Trying Times. While the previous note was almost entirely dominated by the initial reaction to […]

Zombie companies are on the rise. Here’s what PE houses can do.

This article has been written together with Tristan Ramirez.  After a decade of steady expansion, the rise of zombie firms has accelerated with the Covid-19 crisis. Today, the phenomenon is threatening entire slices of our economy and straining public health resources. Reinforced by mass unemployment, forecasts for growth and debt ratios have been revised, d […]

Management companies: 4 major results of Covid-19

During a recent KPMG webinar, asset management experts shared their views on the impact of the Covid-19 crisis. Let’s look at the key takeaways from that discussion. 1) Working from home The most visible impact was an immediate, all-staff shift to working from home. This change, combined with the activation of BCP plans, proved successful with no significant […]

Liquidity risk management and stress-testing during Covid-19

This article has been written together with Francesco Vittori and Gianmarco Gioia. The Covid-19 crisis brings the market and, in particular, the fund industry face to face with unprecedented challenges. In this context, investment funds need to implement effective liquidity risk measurement and management processes to ensure viability and survival. Investmen […]