During the 12th EU webinar, we will be discussing the recent reform in the EuSEF Regulation and its implications on the VP/SI sector.
During the 12th EU webinar, we will be discussing the recent reform in the EuSEF Regulation and its implications on the VP/SI sector.
The European Social Entrepreneurship Funds (EuSEF) regulation set up a new type of collective investment funds to make it easier and more attractive to invest in unlisted SMEs. The EuSEF regulation was adopted on 17 April 2013 and came into force on 22 July 2013.
The EuSEF Regulation was designed to channel money from private investors into SMEs and so boost jobs and growth. It was therefore recognised as integral to the work on Capital Markets Union (CMU).
In 2016, The Commission proposed an overhaul of the existing EuSEF regulation as part of the CMU Action Plan. The objective of the reform was to improve access to finance for small and growing companies and social enterprises to promote jobs and growth.
This webinar will tackle the impact of the recent EuSEF reform, approved by the Parliament and the Council through ordinary legislative procedure and entered into force on 1 March 2018, on the venture philanthropy/social investment sector across Europe.
Draft agenda:
15:00 - 15:10: Intro, Matteo Mascolo (EVPA)
15:10 - 15:25: ‘EuSEF overview and the recent reform’, Giovanni Garcea (European Commission, DG FISMA)
15:25 - 15:40: ‘EuSEF - legal answers for practitioners’, Roberto Randazzo (R&P Legal)
15:40 - 15:55: ‘EuSEF: challenges and opportunities. Experience on the ground’, Olivier de Guerre (PhiTrust)
15:55 - 16:30: Q/A from moderator and the audience
You can register here.
Giovanni Garcea
Giovanni is a policy officer in the asset management unit of DG FISMA (Financial Stability, Financial Services and Capital Markets Union) at the European Commission. He is in the team responsible for the European Long Term Investment Fund Regulation, the European Venture Capital Funds Regulation and the European Social Entrepreneurship Funds Regulation.
Olivier de Guerre
Mr. Olivier de Guerre serves as President at PhiTrust, which he founded in 2003 and which developed two impact investment strategy: PhiTrust Partenaires SAS social Investment fund created in 2006 and Sicav Proxy Active Investors France which engages towards large caps for more ESG impact.
Previously he developed independent asset management companies and joined Crédit Suisse Asset Management in 1998 as a Managing Director.
Roberto Randazzo
Roberto Randazzo is a lawyer operating mainly in corporate and business law, and has an extensive expertise in impact investing, social innovation and social business. Currently, he is also teaching at Politecnico of Milan the subject "Social Innovation" and "Social Entrepreunership" and he is associate of TIRESIA, the International Research Center on Social Innovation Ecosystem.
In the last ten years he has combined his professional activity as a lawyer with his role as lecturer. Within his professional activity he has assisted major clients in impact investing operations in the healthcare and real estate sectors as for investments in emerging markets. In the past, he taught at Bocconi University and SDA-Bocconi in Milan.
He regularly cooperates with training institutions and participates as speaker at events and congresses regarding impact investing, social innovation and social entrepreneurship and is the author of many publications.
Was a member of the "Social Impact Investment Task Force" established under the G8 and, since 2016, he is a member of the scientific committee of the association "Social Impact Agenda for Italy" and of the advisory board of Ashoka Italy.
Roberto, furthermore, is founder and board member of ESELA - European Social Enterprise Law Association and since 2012, is Honorary Consul of the Republic of Uganda in Milan.