Industry
Private Debt: structuring, execution and insight
Private debt is a rising asset class. We support credit fund managers across the full fund lifecycle, from structuring and market access to regulatory navigation under AIFMD II and beyond. With deep experience in fund formation, regulatory compliance, and cross-border structuring, de deliver practical, strategic advice tailored to the evolving private credit landscape.
The evolving private debt market
As demand for private debt continues to rise, both managers and investors are facing a growing list of operational, regulatory and reporting requirements.
Whether you’re launching a direct lending strategy, executing a distressed debt transaction, or expanding into CLOs and broadly syndicated loans, the challenges are significant. Success hinges on structuring your fund appropriately, meeting investor and regulatory expectations, and effectively managing cross-border considerations.
At Arendt, we focus on helping you move forward with clarity and control. Our Private Debt group brings together experienced professionals across legal, tax, regulatory, compliance and investor services, all working as one team to support your strategy at every stage.
How we support you
We offer comprehensive support to private debt fund managers and institutional investors through a wide range of legal and regulatory services:
Fund formation & structuring
- Structuring regulated and unregulated funds such as RAIFs, Part IIs, and ELTIFs.
- Setting up institutional evergreen funds, open-ended funds or closed ended funds.
- Structuring of underlying investment vehicles including leverage, securitisation arrangements and structured finance.
Regulatory advice
- In-depth guidance on AIFMD (including AIFMD II and loan origination requirements), ELTIF 2.0, EU Securitisation Regulation and other EU frameworks.
- Support with regulatory licensing processes and reviews of internal governance, control and operational processes.
Tax structuring
Efficient structuring for cross-border lending and fund-level tax matters
Restructuring & distressed debt
Legal support on distressed assets, insolvency and secondary trades. We work hand-in-hand with our clients to offer pragmatic, tailored solutions that align with their investment goals.
Private Debt deals
The ‘commercially focused’ team at Arendt & Medernach has ‘an excellent understanding of market practice as well as local regulation and CSSF expectations’, ensuring that it is a very popular choice among fund managers on their structuring and regulatory requirements. Although retail funds (including UCITS) continue to inform a significant proportion of its workflow, the team is also adept at advising across a range of alternative strategies, including as these relate to private debt and private equity. Here, the firm has been at the vanguard of developments in the market, which has seen it very well-placed to generate work from clients on newer structures including “Evergreen Funds”, as well as the continued push towards impact investing.
Legal500
2024
Michèle Eisenhuth and Nicolas Bouveret are at the top of their game. Trusted legal advisors with solid in-depth experience and knowledge in the investment funds practice. Client-focused and able to deal with issues with practical solutions.
Legal500
2022
Nicolas Bouveret, who is ‘very knowledgeable on all things private debt
Legal500
2024
Ready to talk?
Let’s discuss how we can support your private debt strategy.
Your key contacts
Nicolas Bouveret
Partner
Lynn Alzin
Partner
Vincent Mahler
Partner
Marina Carrer
Senior Manager
Iyad El Hachem
Counsel
Yves Philippart de Foy
Counsel
Discover the “All About Private Debt” webinar series
Join industry-leading clients and Arendt experts as they share insights on the latest trends, opportunities and challenges in private debt. Each episode offers practical perspectives on market activity, fundraising, and more.