Maren Stadler-Tjan is a partner in the Investment Funds practice of Clifford Chance’s Luxembourg office. She is a qualified lawyer in both Luxembourg and Germany and has over 10 years of experience in asset management. She is an expert in advising investment funds and institutional clients in relation to the setting-up, structuring and investment into alternative investment funds (with a strong knowledge of the D-A-CH markets). She has a special focus on Private Equity, Real Estate and debt funds. Her areas of expertise include general regulatory matters, carried interest and co-investment arrangements and general corporate law. Maren also leads the ESG initiative for the Luxembourg funds practice. Maren is a member of the Koblenz Bar (Germany) and the Luxembourg Bar. She is also a member of the German-Luxembourg Lawyers’ Association as well as the Fondsfrauen Association and is a regular speaker at international conferences and seminars.
The Taxonomy Regulation and the Sustainable Finance Disclosure Regulation including their respective regulatory technical standards entered into force in 2021 and 2022. While these regulations apply to financial market participants in the EU, their impact can be felt globally, especially by asset managers.
Both regulations have brought significant changes to the way asset managers operate, with a strong emphasis on transparency. This has led to a noticeable increase in demand from investors for funds that incorporate ESG aspects into their investment strategies. Additional clarifications and guidance are being issued together with a number of relevant consultations relating to the EU Taxonomy and SFDR, while the availability of reliable and comprehensive data is a significant challenge and the fear of being accused of greenwashing or green-bleaching is on the rise.
Partner
Director of ESG Policy Research
Head of Global Fixed Income Investment Specialists Team
Head of Forensic Investigations, Corporate Intelligence & Litigation Support - Europe