Raif unravelled, the modernisation of the Luxembourg fund structuring toolbox – MENA FUND
Our head of Dubai office Bishr Shiblaqand our Investment Management partnerClaude Niedner and Private Equity & real Estate partnerGilles Dusemon discuss the modernisation of the Luxembourg fund structuring toolbox in this article published in MENA Fund Magazine Manager about RAIF, the reserved alternative investment fund regime.
Luxembourg is Europe’s most important cross-border investment funds domicile, both for retail (i.e. Ucits), as well as for AIF. In terms of distribution capabilities, there exists no other investment funds domicile with the same truly global reach and worldwide recognition from both investors and managers.
The success of Luxembourg’s investment funds industry is built upon its connectivity potential with managers and investors from around the world and the stability thereof. Investment funds require a solid, yet flexible, legal, regulatory and fiscal framework, which allows them to make long-term projections. The Luxembourg model has traditionally been based on sound regulation at product level. The AIFMD then introduced a manager regulation with certain product regulation features.
Read the full article below.