ALFI Hedge Funds Reception

David Zackenfels holds a Law and German Law degree (LLB and BA) from King’s College in London and an LLM from the Humboldt University in Berlin. Following a Legal Practice Course at Oxford he started his career in real estate banking and finance, working for a boutique New York advisory firm (subsequently acquired by Accenture) ultimately heading their London office. He underwrote major European real estate transactions, organised transaction financing and helped securitise portfolios for two major EU and US banks. He moved to the Netherlands, where he worked for a Dutch bank, before joining a leading Luxembourg law firm in 2010, joining the investment fund practice.

Since 2014 David has been working in the legal department of ALFI and leads, among others, ALFI’s pensions and fund governance work. He represents ALFI at Pensions Europe, at EFAMA on the Pensions standing committee and on the IIFA Pensions pension committee. In addition, he coordinates Luxembourg’s representation on the FinDatEx TPT WG in respect of the Solvency II reporting to insurers.

David leads ALFI’s efforts in parts of the private assets space, most notably recently in the review of the European Long-Term Investment Fund space, one of the key pillars under the Capital Markets Union. In the alternative investment funds sector (private assets), he focuses on real estate, infrastructure, hedge funds, securitisations and the ELTIF.

Key current regulatory areas are and have been liquidity management tools, anti-dilution mechanisms and valuations. Key long-term areas of focus continue to be pensions and investor education and especially the PEPP.  Funds, Solvency II related topics and Management Company and Financial Reporting aspects.

David is a frequent speaker (most recently at IOSCO and FSB events on liquidity management tools) and writes on most topic.