We want to provide you with an update on Intertrust’s response to the COVID-19 virus. As always, protecting the health and well-being of employees, clients and business partners is our top priority and we’re committed to supporting you and your business during this period of uncertainty.
This site provides a range of updates, articles and insights as well as resources relevant at this time.
How to create value through carve-outs and avoid costly pitfalls
TOPIC: Uncertain economic times are leading management teams to increasingly consider selling non-core assets to restructure their company and strategically prepare for the future. While this can be interesting for private equity sponsors, carves-outs are complex, multi-layered undertakings that demand expert knowledge.
Olivia Tyrell, Lead Cross-border M&A Partner, Baker & McKenzie
Marco Houscheid, Partner, PwC,
Tristan Nagler, Managing Director Aurelius Investments Limited
Boudewijn Korten, Director, Intertrust
Moderator: Daniel Jaffe Managing Director Intertrust, Market Offices
Watch the recording here.
Accessing capital and liquidity from a fund finance perspective during the COVID-crisis
TOPIC: We’ll discuss the current financing disruption in the European and US Private Markets and how this is impacting the use of products including subscription line facilities through to more bespoke structures such as asset recourse facilities, GP financing and end of fund life solutions. We’ll also provide our insights and experiences on how lenders are reacting both from a commercial and legal standpoint and our views on the medium term outlook once COVID 19 has passed.
Mike Mascia, Partner, head of fund finance practice, Cadwalader
Stephen Quinn, Managing Director, 17Capital
Samantha Hutchinson, Partner, Cadwalader
Watch the recording here.
How private equity managers are evolving their operating model in the current climate
TOPIC: We’ll deep dive into the most pressing issues and give practical information on how to act in anticipation of delayed fundraises, managing existing funds and capital, and safeguarding against cybersecurity threats.
Ian Lynch, Chief Commercial Officer, Intertrust
Silke Wood, Head of Sales UK and Nordics, Global Head of Consultants, Tikehau Capital
Klaus Müllner, Partner-Executive Director, Argenthal
Viktor Tadijanovic, Chief Technology Officer, Drawbridge
Edwin Chan, Director, Fund Services, Intertrust
Watch the recording here.
Cayman Islands deadline extensions and other important information
The Cayman Islands has operated under regulations to prevent, control and suppress Covid-19 since 28 February 2020. With effect from 24 March 2020, residents have operated under various forms of curfew, which has required residents to shelter in place (i.e. remain at home) other than for limited essential purposes as designated by the Cayman Islands government.
COVID-19 – Summary of duties, measures and simplifications in Germany
The COVID-19 outbreak whilst causing concern and uncertainty, poses challenges to companies and individuals. In order to relieve some of the negative economic consequences, the German government has introduced a wide range of measures and simplifications. Further duties of the managers might also be considered.
Hong Kong introduces additional COVID-19 relief measures to aid economy
Following the first relief package and anti-epidemic fund announced in February, on 8 April, the Hong Kong SAR Government unveiled a HK$137.5 billion (US$18,000 billion) second relief package to help individuals and businesses through the current economic downturn caused by the COVID-19 crisis.
Covid-19: outline of measures adopted by the Spanish Government
Spain is currently undergoing a particularly complicated situation due to the COVID-19 virus. Madrid has been the most affected region in the country and over the last two weeks the Spanish Government has adopted measures for accounting, tax and employment which we outline below.
New measures adopted by the Swiss Federal Council to mitigate economic consequences
The coronavirus (COVID-19) whilst causing concern and uncertainty also poses challenges to companies and individuals. In order to relieve some of the negative economic consequences, the Swiss government has introduced measures to address the effects of the pandemic.
COVID-19: introduction of practical regulation and considerations in Luxembourg
In the wave of the COVID-19 situation, many regulators and national authorities have established new regulations and measures to maintain the stability of their financial industry and ensure companies business continuity.
UAE Free Zone Authorities announce measure to assist foreign investors
To support SMEs during the current global situation, many UAE Free Zone Authorities are putting in place several measures to assist foreign investors with the incorporation and administration of their local entities.
Dutch government introduces emergency measures to support companies
The Dutch government has announced several emergency measures to support companies affected by the outbreak of COVID-19. For our clients, the most important measures are related to tax and wage costs and will apply for a minimum of three months.
COVID-19 and upcoming annual general meetings of shareholders in the Netherlands
In the past few weeks measures have been announced to slow the spread of COVID-19. Further measures and/or extensions may be expected. Among many other things, COVID-19 will have an impact on the upcoming annual general meetings of shareholders (AGM) of many Dutch listed companies.
Intertrust provides update on Corona impact
Read our statement from CEO, Stephanie D. Miller, on our current business in light of the impact of the Coronavirus (COVID-19) outbreak and recent volatility in the markets.
We’re here to help
As a leading provider of tech-enabled corporate, fund, capital market and private wealth solutions, we’re committed to supporting you through this unsettling time and recognise that many of our services can help you to continue operating today and expand towards the future.
Access our full range of resources below:
- Deal restructuring (facility agent and cash management)
- Note and security succession trustee
- Loan administration
- GATS – aircraft trading
- Fund finance
- LIBOR (London Inter Bank Offering Rate)
- End-to-end SPV and fund administration services
- Company Secretary services
- AIFM ManCo services
- Operational Simplicity – including outsourcing, middle office solutions and system hosting capabilities
- Trust, company & foundation administration
- Family office
- Business succession
- Private Trusts Companies
- IRIS client portal
- Corporate secretarial services
- Performance & reward management services
- Global corporate secretarial solutions
Insights | Private Capital & Hedge Fund Services
How to mend the valuation disconnect between GPs and LPs
31 August 2023
Insights | Corporate Client Services
OECD Pillar 2: Multinationals consider next steps under new minimum tax measures in Switzerland
31 August 2023