Promoting Bermuda as the place to be for international business is the task Bermuda International Business Association (BIBA) will be charged with when it goes Stateside next week.

BIBA will be hosting its annual New York Roundtable event next Wednesday at The Harvard Club of New York City and its inaugural breakfast roundtable meeting for the alternative investment community will be held at L'Escale Restaurant in Greenwich, Connecticut the day before.

The invitation-only New York Roundtable event will feature a luncheon keynote speech by Finance Minister Paula Cox, welcoming remarks at breakfast from BIBA's CEO Cheryl Packwood and US Consul General Gregory Slayton and remarks at the closing reception from Matthew Elderfield, the recently appointed CEO of the Bermuda Monetary Authority.

Throughout the day there will be a series of informational panels on topics ranging from hedge funds, wealth management and captive insurance to infrastructure and regulation.

Bermuda will be represented by high-level international lawyers, accountants and financial executives from BIBA member companies along with members of the Bermudian Ministerial cabinets with more than 200 attendees expected.

At the breakfast meeting delegates will be able to debate regulations, business developments and opportunities for alternative investments in Bermuda.

"Bermuda plays an important role in the global financial markets and meeting with the financial community in New York and Greenwich allows Bermuda's business community to provide valuable insight and perspective on what makes Bermuda an attractive business partner," said Ms. Packwood.

"The educational sessions we provide will enable us to dispel some myths about Bermuda law and the numbers game played by other jurisdictions.

"It also allows us to expand and deepen our relationships with the lawyers, bankers, fund managers, accountants and advisors who drive the New York financial economy.

"We are also extremely grateful for the efforts of the Bermuda Ministry of Finance and their generous support of BIBA's activities in the further growth and development of the Island's international business community.

"In recent years, there has been much attention focused on the practices of offshore jurisdictions and we wanted to offer the alternative investment community the opportunity to learn first hand why Bermuda is different and how investments in, or partnerships with, Bermuda-based financial institutions, funds and businesses can present additional opportunities for their business."