Alexandra Golovanow

🇫🇷🇺🇸[FREE WEBINAR IN FRENCH - CITIZENSHIP / VISA] Explore the intricacies of obtaining the US Citizenship and its tax implications for French citizens, covering visa options, tax obligations, the naturalization process, renunciation procedures, and live Q&A sessions with experts. #webinar #free #citizenship #taxes #visa #french #frenchmorning Romain Poirot

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The last part of this 6-part series on how to model a P&L, translated into French and published on Frenchweb. https://lnkd.in/eWHYamDD

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📜 The decree has just been published in the Official Journal. This binding measure raises legitimate concerns. However, private equity remains an essential and historically profitable asset class. We've already integrated it into our managed portfolios several months ago. 💼 #PrivateEquity #Investment #Finance #AssetManagement #PortfolioManagement #ProfitableInvestments #FinancialNews #InvestmentStrategy #OfficialDecree #WealthManagement https://lnkd.in/d-_SY4qx

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in French :) https://lnkd.in/e7W5Hu6T #capitalraising #startups #fundraising #founders #venturecapital #investors #vc #vcfunding #technology #startup #tech

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The full details of the new French Assembly:

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If you know an 18 yo who dream of creating a deep tech startup, they could go to a big natural sciences' university. Or… …go to a small(ish) stand alone business school🏫 Les Deeptech 🚀 from Bpifrance just released their latest analysis for #French #Deeptech, which gives us an interesting overview of the local higher education scene. Sure, HEC Paris - Innovation & Entrepreneurship Institute is ranked #4 in that list (and we are happy about it), but that’s not the really interesting part. What you should pay attention to is that we are not an anomaly. Among the top 15 listed universities, one-third are business schools! It does feel like getting a business education could bring value to science-based entrepreneurship… But what do I know? 🤷‍♂️ What we do know is that investing in research and education keeps paying dividends. And when in doubt between studying science and business, just get both degrees 😁 If you are interested, go check out the full ranking there: https://lnkd.in/eD-r8pDD PS: I know this is a list for ants, no need to call your optometrist 🔍 PPS: I will not complain about per capita measurements not being the global standard for ranking metrics

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🌟 Join Our Must-See Webinar on Estate Tax & Estate Planning! 🌟 Living in France as an American comes with unique challenges, especially when it comes to end-of-life planning. Next Tuesday, we're excited to host a special presentation on inheritance and succession with expert guidance from Accountant & Expert-Comptable Isaac Barchichat of Monceaucpa and Notaire Guillaume Etain of Althémis Notaires. 🗓 Date: Next Tuesday, July 2 🕒 Time: 6 PM CET / 12 PM EST 📍 On Zoom; replay available In this in-depth webinar, we'll explore the special considerations Americans in France need to take into account for estate planning. If you have questions about the best way to protect your assets, you won't want to miss this opportunity to gather information directly from experienced professionals. About Our Guests: 👨‍💼 Isaac Barchichat, Operating Partner at Monceau CPA, brings over 15 years of experience in large accounting firms and corporations, specializing in both French and American tax systems. Isaac is uniquely positioned to guide you through the intricacies of French taxation, providing expertise to assist expats with their financial needs in an international context. 👨‍⚖️ Guillaume Etain, a notaire specializing in family law and succession at Althemis Notaires, is dedicated to assisting immigrant families with their estate planning as they move to France. Guillaume helps families understand and navigate the complexities of organizing their succession across multiple countries, ensuring their estate planning aligns with French tax laws and international regulations. What to Expect: 🔑 Key considerations for managing your estate and creating a will while living internationally 🔑 Succession strategies, including the consequences of trusts and transferring property 🔑 Clear explanations of the tax implications involved in inheritance and succession 👉 Register now to secure your spot! Don't miss this opportunity to get informed and prepared. Share with friends and family who could benefit from this knowledge. See you there! #EstatePlanning #EstateTax #Webinar #Inheritance #Succession #USinFrance #Monceaucpa #AlthemisNotaires #TaxPlanning

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Great to speak with Maddyness in advance of VivaTech next week! #capitalraising #startups #fundraising #founders #venturecapital #investors #vc #vcfunding #technology #startup #tech 

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Une Coupe de Cheveux en Provence (with help from GPT-4o and Claude 3.5 Sonnet) In days past, a classic consulting firm interview question involved quantitative estimation, such as asking how many gas stations there are in New York. I decided to test the quantitative reasoning skills of GPT-4o and Claude 3.5 Sonnet with a similar question: “What is the size of a town in Provence that might support 2-3 barbers or hair salons?” GPT-4o reasoned that a barber shop or salon might handle 15 clients a day, 5 days a week, and that potential clients might get a haircut every two months, resulting in an estimate of 600 clients per shop, and 1,200 to 1,800 clients for 2-3 shops. GPT-4o: “For instance, a town like Crestet, which has a population of around 400 (as of recent estimates), would likely not support 2-3 salons on its own, but nearby larger towns might.” “Given Crestet's small size, you might look for nearby towns such as: Vaison-la-Romaine: A larger town approximately 15 minutes away, with a population of around 6,000 people, which likely supports multiple barbers and hair salons. Carpentras: About 30 minutes away, with a population of around 30,000, offering many more options. Final Recommendation: For a reliable haircut experience, consider driving to Vaison-la-Romaine or Carpentras, where you will find several barbers and hair salons catering to a larger population. This ensures you have multiple options to choose from.” Finally, it produced the image below. Claude 3.5 Sonnet asserted that “[a] typical hair salon can serve about 100-200 regular clients” and assumed that “people get haircuts every 6-8 weeks on average.” Using the midpoints of those ranges, it got to 3,375 people to support 2-3 shops. It then noted that in “more rural areas like Provence, people might travel further for services. We should add a buffer to account for this: let's say 20%. 3,375 * 1.2 = 4,050 people” Finally, it rounded up for a conservative estimate: “To ensure the town can comfortably support 2-3 salons, let's round up. A town of about 4,500-5,000 people should be able to support 2-3 barbers or hair salons in a rural French setting like Provence.” It did an excellent job of identifying 5 nearby towns as options, based on population and driving distance, and concluded: “Among these options, Vaison-la-Romaine is likely your best bet, given its proximity and adequate size to support multiple hair salons. Orange and Carpentras, while slightly farther, offer more options due to their larger populations. Nyons is a good middle-ground option, while Buis-les-Baronnies might be worth checking if you prefer a smaller town setting.” My assessment: GPT-4o did a better job on the estimation portion of the problem and on the image, and Claude 3.5 Sonnet came up with a nice set of towns. Based on these analyses, I am heading to Vaison-la-Romaine and will report back in the comments. #technology #ai #innovation #france

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I’d like to take credit for doing an interview IN FRENCH on US, French and European #MiddleMarket #PrivateEquity trends – but I can’t. I did discuss the trends Winston & Strawn LLP is seeing in these markets IN ENGLISH, along with my PE partner Grine Lahreche. (Link to English translation here: https://lnkd.in/gbuf5aDm) What we are seeing in the market: ·      Transactions led by PE funds slowed down on the US market from the end of 2022 and throughout the year 2023. ·      Rising interest rates slowed the momentum of new LBOs, which were hampered by overpriced debt, but financial investors compensated for this drop in activity by stepping up buy-and-build strategies for their holdings. ·      The last two years have been dominated by add-on deals. ·      Despite their scarcity, large company mergers have created carve-out opportunities for funds on the lookout for complementary acquisitions to diversify the vertical markets of their holdings and their geographical exposure. ·      With the rising cost of debt, buyout packages have had to adapt by using seller paper, earn-outs or preferred equity instruments. ·      GP-led single asset deals have become a genuine alternative exit scenario for returning liquidity to investors without selling off the best assets. ·      PE Funds no longer think twice about carrying out two processes in parallel: a traditional sale and a secondary transaction. If the valuation obtained on the traditional M&A market does not come up to their expectations, they prefer to reinvest in their own targets rather than forego the upside of the next growth cycle. ·      This new exit route is expected to settle in for the long term, even after the conventional transfer routes are no longer blocked. ·      All the signs point to a sustained volume of transactions in the second half of 2024 and the first half of 2025, and we have been witnessing a strong rebound since the start of the year. Be well. Jerome Herbet, Gilles Bigot, Julie Vern Cesano-Gouffrant, Sara Susnjar, Sophie Dechaumet, Annie Maudouit-Ridde, Mounir Letayf

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Did you know ? Fund registration and fund passporting : New protocols and processes for Luxembourg UCIs (as from 14 July 2024): It is understood that the new templates will no longer allow an investment fund manager to notify management activities under both the UCITS Directive and the AIFMD by using one template. Separate UCITS and AIFMD notifications will have to be prepared. The CSSF attestations (AIFM and / or UCITS) should no longer have to be requested by the entities and added to the notification packages as part of the cross-border marketing and management activities, as they will be generated and added directly by the CSSF to the notification packages. Please consult our team of experts. #carnedistribution #carneselect #globalregistration #fundpassporting #carnegroup #assetmanagement #funddistribution #marketingcommunication https://lnkd.in/dTX98Mgf

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🌟 We had the pleasure of attending a recent conference organised by the Union des Entreprises Luxembourgeoises - UEL and the Luxembourg Chamber of Commerce, emphasizing the importance of digital transformation and environmental transition for Luxembourgish businesses. 🔒 At LuxQuantum, we recognize that digitalization and data security are crucial. In our efforts to support digitalization in Luxembourg, we focus on quantum security, a key component for the progress of digital initiatives. 🚀 We look forward to seeing more advancements in digitalization, supported by secure and innovative technologies, for the growth of Luxembourg's businesses. #DigitalTransformation #QuantumSecurity #LuxembourgBusiness #Innovation #EnvironmentalTransition #TechForGood

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🌟 LPEA - Luxembourg Private Equity & Venture Capital Association is calling ... 🚀    #LPEA invites tech enthusiasts from the #PrivateEquity & #VentureCapital sector to join the 2nd PE Tech Day edition.    Did you know that up to 90% of startups fail due to a mismatch of founders’ personality, roles, bad leadership and people management?  Standard investor due diligence checklists consists of annual reports, balance sheets, and further legal and IT related topics. But what about the people that manage your investment? Does your future investment have the right personalities in the team to drive the start-up to a scale-up?   Come and visit our booth because this is exactly in what we support investors: Sophia Karlsson ✨, Shardul Dixit, and Sonja Becker will show you how Zortify's AI-diagnostic helps you to get a deeper, data-driven understanding about the various personalities in the team, which essential soft skills might be missing, and what actions you should take to build rapidly a high-performance team.    Info and registration: https://lnkd.in/eHcPNreq   #LPEATechDay #HRInnovation #ZortifyRevolution

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💸 French Tech Finance Partners (FTFP) have submitted their second report on the financing of the French tech ecosystem to Marina Ferrari, the French Secretary of State for Digital Affairs. This committee of 16 actors from the French tech ecosystem, including Elaia Managing Partner & Co-Founder, Xavier Lazarus, are dedicated to bringing together expertise around a common vision to ensure the French tech ecosystem can be recognised for its innovation worldwide through supporting sustainable and diverse modes of financing for French startups. ⚡️Here are a few highlights from the latest edition: 🇫🇷 3 out of 5 French people use a service provided by a French startups daily 🇫🇷 1.1 million jobs have been created by over 13,000 French startups. 🇫🇷 In 10 years, the French Tech ecosystem has increased its fundraising capabilities and has ranked first in the EU for fundraising Read more from the FTFP in their op-ed in Maddyness 👉 https://lnkd.in/eA9aNuhR Reza Malekzadeh, Alice Albizzati, Delphine d'Amarzit, Jerome Berger, Claire Calmejane, Claire Chabrier, Philippe Collombel, Philippe Englebert, Paul-François Fournier, Benoist Grossmann, Marc Menasé, Maya Noël, Lauriane Requena, Pierre-Emmanuel STRUYVEN, Rafaèle Tordjman, Roxanne VARZA

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April 27 2024 - 5 Notable Articles To Read Article: CMA CGM reveals details of $214M French shipping decarbonisation fund Takeaway: Bpifrance partnered with this French company to advance France's maritime industry through energy transition. Source: Splash Maritime and Offshore News (splash247.com) Link: https://lnkd.in/dJSv4ncw Article: Microsoft Revenue Grows 17% as AI Copilot Sales Kick In Takeaway: AI-powered chatbot tools introduced by Microsoft have significantly accelerated their growth. Source: The Information Link: https://lnkd.in/dVuaVTY3 Article: Rubrik IPO nails $1.44B win for Lightspeed Takeaway: On its first day, the cybersecurity software company's shares rose by 16%, bringing its market value to $6.6 billion based on outstanding shares. At the time of the IPO, Lightspeed held a 24% stake in the company. Source: PitchBook Link: https://lnkd.in/d4jn3aiu Article: Meet 7 recruiters who can help you land a tech job at Wall Street firms like J.P. Morgan and Blackstone Takeaway: AI is driving a surge in tech recruitment on Wall Street, with the following firms at the forefront of the hiring process: Korn Ferry, Selby Jennings, Heidrick & Struggles, Riviera Partners, Glocomms, Options Group, and The Omerta Group. Source: Business Insider Link: https://lnkd.in/dhwhYJhp Article: Snapchat parent soars after beating revenue, user growth estimates Takeaway: Snap Inc.'s business is seeing improvement thanks to upgrades to its ad system and increased demand for brand features, leading to an expected Q2 revenue of between $1.23B and $1.26B. Source: Reuters Link: https://lnkd.in/dZ8NDkfj #news #research #business

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Discover how DAC 8 is transforming the EU’s approach to tax transparency! Laetitia Carroz, Senior Tax Adviser at the ABBL, highlights this amendment's role, ensuring a level playing field in the financial sector. 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 🔍 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗧𝗮𝘅 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆: DAC 8 expands the scope of automatic information exchange to include crypto-asset transactions, ensuring equal standards for all financial service providers. 💡 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: While DAC 8 aims to clarify tax obligations for authorities, challenges in implementation and regulatory ambiguities persist. A consistent approach across Member States is crucial to its success. 🌐 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗺𝗽𝗮𝗰𝘁: DAC 8's extraterritorial reach requires non-EU crypto-asset operators to register with an EU Member State and comply with EU due diligence and reporting standards. 📅 𝗧𝗶𝗺𝗲𝗹𝗶𝗻𝗲: Provisions are set to apply from 1 January 2026, with Member States exchanging relevant information within nine months following the end of the calendar year to which the reporting requirements applicable to reporting crypto-asset service providers relate. At the ABBL, we are committed to supporting our members through these changes, helping them navigate and comply with the new requirements. DAC 8 is expected to enhance the credibility and acceptance of crypto-assets within the EU, contributing to their growth and development. 🔗 Read the full article on the ABBL website: https://lnkd.in/gnmKkHtz #ABBL #DAC8 #TaxTransparency #CryptoAssets #FinancialRegulation #EUCompliance #InnovationInFinance

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