Quite common in Europe, but rare in the USA a permanent board chair separate from the CEO is drawing renewed attention as we want to analyze corporate governance. Can the concept of a non-executive chairman finally take root in America?…. Several financial and accounting scandals have raised several questions about the effectiveness of Boards of
On late January (28th) 2016, the European Commission presented its “Anti-Tax Avoidance Package”. This represents a major step within the European Union in order to regulate the tax evation and mark the first step of a common EU practice and gouvernnace on taxe. This draft represents largely the Luxembourg EU Council Presidency Working Paper of
How do venture investors compare investments in portfolio companies when the amounts invested, the timing of those investments, the returns, and the timing of those returns are all different? The tool venture investors use to compare the rates of return on each investment on an “apples-to-apples” basis is the internal rate of return (also known
The expected wealth transfer over the next 50 years sill be surpassing the $40 trillion mark The organization of private office and staff involved in managing the “business of the family” has been the inspiration of wealth management models for over two centuries. It carries even greater inspiration today, as everyone from independent advisors to
My previous article described from a ìtheoreticalî view the miscellaneous aspects of the ìFamily Governanceî without really taking into account that families are entities built with Ö.humans! Some statistics show that only 30% of family owned businesses in the USA survive the transition from founder to second generation Only 10% of the businesses make it
There are roughly 3 200 LPís active. These LPís have a combined aggregate allocation of approximately $ 1.3 trillionÖ For those who are not familiar with the Private Equity a brief explanation of the players may be required. Limited Partners (or LP’s) are the main provider of cash to Private Equity class asset. All the
Luxembourg is well-known and has first class companies to sustain its worldwide reputation in developing and providing first class services to « Its’ 4 pillar « of the financial economy » : Asset Management – Investment Funds – Wealth Management – insurance and reassurances practices. Private banking and wealth management markets show an increase of 8% in 2013.