Investment funds in Luxembourg

Allen & Overy Luxembourg

Allen & Overy Luxembourg handles fund structuring and establishment matters, in addition to ongoing regulatory and compliance work, for the full range of fund types, particularly within the alternative space. Aided by its huge network of offices, the firm has successfully tapped into active markets across Latin America, the US and China; notably the Luxembourg office advised Chile-based asset manager BCI Asset Management on the launch of its UCITS fund platform in Luxembourg.  Recently promoted partner Yannick Arbaut  led on the aforementioned deal and alongside Pierre Schleimer is also very active handling German-related funds matters, which account for a large proportion of the firm's workload. Jean-Christian Six has vast experience advising on the structuring of regulated and non-regulated funds, and also advises institutional investor clients on their investor due diligence. The firm is also regularly involved in fund-related M&A activity.

Practice head(s):

Pierre Schleimer; Jean-Christian Six; Yannick Arbaut

Key clients

European Investment Fund

European Investment Bank (EIB)

UBS

Pictet

Ares Management

Edmond de Rothschild Asset  Management

BNP Paribas

Blue Orchard

Algebris Investments

Corestate Capital

Work highlights

  • Advised EIB on its investments in several Luxembourg-based investment funds targeting investments across private equity, infrastructure and agriculture assets.
  • Advised Primonial on the launch of its Primonial European Residential Fund, a Luxembourg RAIF investing in pan-European residential assets.
  • Assisted M.M. Warburg & Co with the sale of its asset management and servicing business in Luxembourg to Apex Group.

Arendt & Medernach

Benefiting from a 'good depth of knowledge in respect of funds, tax, regulatory and compliance', Arendt & Medernach does an 'excellent job of applying legal concepts to operational issues' across the gamut of unregulated and regulated funds. 'A one-stop-shop for all needs related to Luxembourg funds', the team remains best-known for its prominent UCITS offering, and in this regard Isabelle Lebbe recently acted for a leading bank in the context of a cross-border merger of UCITS funds (from Luxembourg to France). The sheer size of the firm's offering as well as its ability to provide 'extremely commercial and solution-driven advice across the board' ensures  that it can handle a tremendously diverse array of work, not just across UCITS matters but also in relation to hedge funds, private equity funds, real estate funds and Islamic funds. The 'very reliable and well-informedGilles Dusemon excels in handling work related to the structuring and operational needs of private equity and real estate funds. Other key names include the 'vastly experiencedClaude KremerFlorence Stainier and Adrian Aldinger, who 'is a go to source for practical and reliable insights' in relation to alternative investment funds.

Practice head(s):

Isabelle Lebbe

Testimonials

The team is exceptional in terms of both size and quality.

The clarity of advice in combination with an embedded and deep industry knowledge across different practice areas makes the firm an easy partner to deal with.

The commercial and solution-oriented Gilles Dusemon provides an excellent client service.

Stephane Karolczuk, who heads up the firm’s Hong Kong office, was fully aware of the needs of Asian investors and was able to come up with unique solutions for our fund that will meet the demand of such Asian investors.

Key clients

Bain Capital

Permira

Generali

Banque Bonhôte

Cohen & Steers

HSBC

PIMCO

Partners Group AG

Merrill Lynch Investment Solutions

Nordea Investment Funds

Work highlights

  • Assisting Goldman Sachs International (GSI), in the context of its partnership with Paris-headquartered asset management group Amundi, as a result of which Amundi will act as the management company and manage GSI’s Luxembourg-domiciled funds.
  • Advised Asset Management One Alternative Investments (formerly known as Mizuho GAI), on a fund setup, its first Luxembourg global infrastructure debt fund.
  • Assisted Astorg as Luxembourg law counsel with the structuring, setting up and launch of AstorgVII, its second private equity fund based in Luxembourg, by providing legal and tax advice as well as regulatory assistance.

Clifford Chance

With three partners focused on funds work out of the firm's Luxembourg office and also able to leverage the expertise of practitioners across its vast global network, Clifford Chance has 'in-depth all-round knowledge across a multitude of issues' and excels in handling complex cross-border alternative fund matters. Paul Van den Abeele has a flourishing reputation in the market across the gamut of alternative funds, including real estate, private equity, infrastructure and debt, and is also regularly engaged on the buy-side for institutional and sovereign investors on fund reviews. Kristof Meynaerts' recent promotion to partnership is testament to his growing visibility in the regulated and unregulated alternative asset class space, while the arrival in January 2019 of the very experienced Emmanuel-Frédéric Henrion from Linklaters affords the firm greater bandwidth, particularly in light of Henrion's UCITS focus. Senior associate Alexander Wagner is also recommended. The firm has also been very active advising asset managers on strategic issues related to the fall out from Brexit. Joelle Hauser recently retired.

Practice head(s):

Emmanuel-Frédéric Henrion; Paul Van den Abeele; Kristof Meynaerts

Testimonials

In-depth market knowledge of Luxembourg private equity fund structures and mechanics.

Key clients

EQT

Credit Suisse

3i

Permira

Schroders

Oak Tree

CVC Capital Partners

European Investment Fund

Three Hills Capital Partners

Generali

Natixis

Axa

Fidelity

Deutsche Bank & DWS

Work highlights

  • Advised Nordea Bank on the setting up of a Luxembourg UCITS ETF in the form of an SA.
  • Assisted Cording Real Estate Group with the launch of the Cording Euro Industrial Real Estate Fund investing in light-industrial and small logistics assets in the Eurozone.

Elvinger Hoss Prussen

Benefiting from 'excellent knowledge and valuable connections with legislators and regulators', Elvinger Hoss Prussen is a 'market leader' across the investment funds space, particularly as it pertains to the retail sector. Team head Jacques Elvinger is a 'true gentleman' and a senior statesman of the investment fund industry in Luxembourg, particularly as it relates to UCITS matters. The 'client-oriented and well-connectedGast Juncker has 'excellent knowledge' of the regulatory framework impacting funds domiciled in Luxembourg and has also been pivotal to the firm's increased presence among Asian asset managers. Jérôme Wigny provides 'high-quality advice' to UCITS and AIFs, particularly in relation to those pursuing alternative strategies. The team was furthermore strengthened with Thibaut Partsch , who joined from Loyens & Loeff in January 2020.

Practice head(s):

Jacques Elvinger

Testimonials

The team is extremely reliable and has an in-depth knowledge of the relevant regulatory framework but also of the business environment of its clients.

Gast Juncker has a perfect knowledge of the applicable law and is able to understand the specific needs of his clients.

Thomas Göricke is very knowledgeable, client-oriented and responsive.

Key clients

Capital International Management Company S.à r.l.

Jupiter Asset Management Ltd.

Mizuho Trust & Banking (Luxembourg) S.A.

Nomura Securities Co.

SMBC Nikko Investment Fund Management Company

Actiam N.V.

Storebrand Asset Management

Nordic Real Estate Partners AB

Baring Private Equity Asia Limited

JPMorgan Asset Management

Banca IMI S.p.A

Work highlights

  • Assisted Capital Group with developing the activities of its management company in Luxembourg and refining/rationalising its Luxembourg fund range.
  • Advised Jupiter Group on the creation of its Luxembourg Super Manco.
  • Advised on the implementation of the Money Market Fund Regulation for a number of Japanese clients, including Nomura Securities.

Linklaters

Benefiting from 'strong technical knowledge and well plugged in to the lawmaking process', Linklaters' team has excellent credibility among investment banks, asset managers and global custodians on their most sophisticated and innovative transactions, fund set-ups and fund servicing. Jointly headed by the 'very bright, commercial and highly responsiveSilke Bernard and Hermann Beythan, the team has particular strength within the alternative funds space, and as well as benefiting from excellent ties with the Luxembourg regulator, it is also well placed to provide cross-border expertise by virtue of the firm's strong presence in other key fund jurisdictions including in London and Frankfurt.

Practice head(s):

Silke Bernard; Hermann Beythan

Testimonials

This is a team with a commercial approach that (uniquely in Luxembourg at least) straddles investment funds and securitisation.

Silke Bernard is very responsive and provides a good balance between the commercial and legal.

Silke Bernard and Hermann Beythan offer excellent availability, knowledge and access to the regulator.

Silke Bernard  provided valuable insights into regulatory considerations.

Key clients

MFS Investment Management

Partners Group

GAM

Payconiq International

Work highlights

  • Advised US-based global asset manager MFS Investment Management on extending the licence of its Luxembourg management company to include discretionary portfolio management services (“MiFID top-up”).
  • Advising private equity company Partners Group on the repapering of its full set of distribution agreements for all jurisdictions and fund types as part of its Brexit move from a UK AIFM to a Luxembourg AIFM.
  • Advised Payconiq with the acquisition of a Luxembourg payment institution and the development of such entity as the hub for its EU activities.

Baker McKenzie

With two partners based in Luxembourg and also able to call upon the expertise of funds experts across the firm's vast global network, Baker McKenzie provides a 'good balance between local and international advice'. The team has a focus on the structuring, operational and regulatory issues associated with alternative asset classes, including private equity and real estate. Catherine Martougin and Laurent Fessmann are the main contacts.

Practice head(s):

Laurent Fessmann; Catherine Martougin

Testimonials

The firm has in-depth knowledge of local laws and regulations.

The individuals in the team are completely trustworthy.

Key clients

Invesco Real Estate Management

BNP Paribas Real Estate

Black Toro Capital

Arcano Capital SGIIC, SAUSICAR

Ucap Sicav – SIF

Work highlights

  • Advised leading global investment fund, Invesco Real Estate, on the structuring of an open-ended, master-feeder fund under the regime of a SIF and an OPCI in France.
  • Advised Berlin-based Catella Residential Investment Management on the set up and launch of its third European Residential Fund for international clients.
  • Assisted Ukraine-based private equity firm, Diligent Capital Partners, with the formation of a Luxembourg private equity fund vehicle.

Bonn & Schmitt

The 'proactive and client-oriented' three-partner team at Bonn & Schmitt handles the structuring and ongoing operational needs of clients across the spectrum of retail and alternative regulated and unregulated funds. The firm is particularly active within the UCITS space, including advice on the creation of sub-funds, and is also well-versed at structuring SICAR vehicles. Recently promoted partner Amélie Thevenart 'has a deep knowledge of the fund industry in Luxembourg, Italy and across Europe'.  

Practice head(s):

Alex Schmitt; Corinne Philippe; Amélie Thevenart

Testimonials

The firm understands the clients’ needs and provides tailored solutions to their requests.

Amélie Thevenart is always available and well organised; she is very pragmatic and goal-oriented without being shallow.

Key clients

BANCA GENERALI

CREDEMLUX

FIDEURAM GROUP

UBI BANCA

CARNEGIE

PENOLA

PROXY P MANAGEMENT AB

FORMUEPLEJE LUX SICAV

BANCA DI SAN MARINO

EuroAmericaAdministradora Generalde Fondos S.A. / ZCH AM SICAV

Open Mind Investments S.C.A. SICAR

360 Capital One S.C.A. -SICAR

Work highlights

  • Assisting Euromobiliare with numerous ongoing matters, including the restructuring of five existing sub-funds and on Money Market Fund Regulation compliance.
  • Acted for Carnegie Group on ongoing work, including on the migration of three AIFs and one UCITS to new service providers (depositary / central administration) further to the liquidation of the existing central administration.
  • Assisted Pramerica Management Company S.A. (formerly UBI Management Company S.A.) and its two UCITS (FCP / SICAV) across a range of ongoing work, including the creation of 11 new sub-funds and the creation of new classes of shares.

Bonn Steichen & Partners

Bonn Steichen & Partners provides 'very professional legal advice with great responsiveness and deep insight into the practice of investment funds establishment and operations'. The firm is involved across the lifecycle of work within the regulated and unregulated UCITS and AIFs space, from fund establishment and ongoing operational matters, through to downstream investments and fund termination. Evelyn Maher 'has a great deal of experience in both private equity funds establishment and operations'. Luc Courtois joined NautaDutilh in 2020.

Practice head(s):

Evelyn Maher

Testimonials

Evelyn Maher was able to guide us through our negotiations.

Key clients

AZIMUT HOLDING

NORDEA

NEXTAM PARTNERS

FARRINGDON

ERSEL GESTION INTERNATIONALE S.A.

FONDACO

TAGES CAPITAL SGR

MONYX FINANCIAL GROUP

C-QUADRAT

FUGEN

Work highlights

  • Advised a US-headquartered alternative investment management firm on the establishment of a Reserved Alternative Investment Fund.
  • Advising a leading Italian SGR on the investment by the SIF fund of funds managed by the company into two Luxembourg alternative investment funds in the form of special limited partnerships investing in European debt instruments.
  • Assisted with drafting relevant documentation for C-Quadrat Asset Management France to facilitate the merger of two UCITS set up in France into an AIM Luxembourg SICAV.

Dechert Luxembourg

'Very well-qualified in relation to alternative funds', Dechert Luxembourg's three-partner team has a strong reputation across the breadth of asset classes, including private equity, debt funds, real estate and hedge funds, where clients benefit from 'great sector insight' and the ability to provide    'very efficient co-ordination of international partners within the firm's network'. Patrick Goebel has 'unique technical competencies for alternative assets in Luxembourg'.

Practice head(s):

Marc Seimetz

Testimonials

The best fund set up service in Luxembourg.

Very strong client-oriented approach of the whole team.

The team asks very detailed questions to get a thorough understanding of the clients’ needs and goes beyond the obvious in their solution proposals.

Patrick Goebel has a broad knowledge of the legal side of the funds sector and a great understanding of business matters.

The solution-oriented Patrick Goebel stands out for his very detailed knowledge, his superior experience and his power of abstraction.

Jean-Louis Frognet is always readily available with good commercial advice and assistance.

Christine Renner is particularly committed, has a strong eye for detail and is extremely thorough and meticulous.

Key clients

Generali

New Capital Fund Lux

Robus Capital Management

StepStone Group/ Swiss Capital Alternative Investments AG

Prime Capital AG

Work highlights

  • Advised on the merger of several sub-funds of New Capital Fund Lux (a Luxembourg UCITS platform promoted by the EFG group) with the Irish UCITS platform promoted by EFG group and the subsequent restructuring of New Capital Fund Lux.
  • Advised StepStone Group on several fund formations including the formation of StepStone Secondary Opportunities Fund IV (SSOF IV) and StepStone Real Estate Partners IV, SCSp (SREP IV). .

Loyens & Loeff

Despite some recent departures, including Max Welbes , who joined Norton Rose Fulbright in June 2019, and Thibaut Partsch  who left for Elvinger Hoss Prussen in January 2020, Loyens & Loeff maintains a significant offering in the alternative investment funds space and has recently reconfigured its team to provide a multi-disciplinary approach which draws upon fund formation, regulatory, finance and tax experts. Led by Marc Meyers, the team has strong market penetration among many leading global asset management firms, including EQT Partners and Brookfield Asset Management, and is regularly called upon to advise on the necessary structuring, regulatory and operational aspects associated with the establishment of funds across the private equity, infrastructure and real estate sectors.

Practice head(s):

Marc Meyers

Key clients

AlpInvest Partners

AMP Capital Investors

Astorg Partners

EQT Partners

KKR

Macquarie Group

Triton Partners

Work highlights

  • Advises Brookfield Asset Management on the establishment of multiple funds, including as it relates to private equity and infrastructure.
  • Advised Triton Investment Management, on the Luxembourg regulatory and legal aspects of the setting up, structuring and closing of Triton Fund V, based in Luxembourg.
  • Advised Muzinich & Co, a privately-owned, institutionally-focused investment firm specialising in public and private corporate credit, on the regulatory and legal aspects of the structuring and implementation of a European long-term investment fund.

Wildgen

Jointly headed by the 'proactive and skillfulMevlüde-Aysun Tokbag and the 'excellentSamia Rabia Wildgen's ten-strong team has 'profound market knowledge' and excels in providing 'tailor-made advice' across the gamut of matters relating to UCITS and alternative investment funds. Clients also appreciate the firm's 'excellent synergies and collaboration between the firm's different practice areas', in addition to its German desk which enables it to provide a 'one-stop-shop' for German-related funds matters.

Practice head(s):

Samia Rabia; Mevlüde-Aysun Tokbag

Testimonials

Wildgen’s investment fund practice is a pretty small team (not too small), which means that you get a tailor-made service and speak with a limited number of persons, all with a very good level of seniority.

The lawyers at the firm have a very good commercial and entrepreneurial culture.

The partners have great technical skills.

The quality of the advice, the document drafting and the solutions for the specifics of the fund were always good and never caused problems in the process with the other stakeholders involved.

The pragmatic Mevlüde-Aysun Tokbag benefits from an in-depth knowledge of the legal and regulatory framework of the financial industry in Luxembourg.

Samia Rabia can guide you easily through complex matters.

Davide Giacomoni and Emma Massicard are solid and experienced lawyers you can rely on.

Hogan Lovells (Luxembourg) LLP

Hogan Lovells (Luxembourg) LLP's three-strong Luxembourg team often works closely with other offices across the international network to provide a strong offering, particularly in relation to the real estate, hedge and infrastructure fund sectors. Pierre Reuter is the team head.

Practice head(s):

Pierre Reuter

Key clients

Infracapital Partners

Oquendo Capital

TRIGAL, d.o.o.

KGAL GmbH & Co. KG

Timberland Investment Resources Europe LLP

Work highlights

  • Regular assistance to Spanish asset manager Oquendo, including with regards to GDPR compliance requirements and a prospectus update due to the appointment of a fully-fledged AIFM for two Luxembourg investment companies in risk capital (SICAR).

KLEYR GRASSO

Considerably strengthened by the arrival in January 2019 of 'wise and seasoned professionalJeannette Vaude-Perrin from Bonn & SchmittKLEYR GRASSO provides 'very knowledgeable and helpful' advice to domestic and international clients across the spectrum of regulated and unregulated alternative investment fund structures. Leveraging its strong corporate and M&A offering, the team is also regularly engaged on significant downstream investment activity in the private equity space.

Practice head(s):

Rina Breininger; Jean-Paul Spang; Renata Jokubauskaite

Testimonials

Any fund-related questions are answered swiftly and with great insights.

Rina Breininger and Jerome Burel have a wealth of experience across transactional and regulatory matters servicing top-tier private equity clients.

Jeannette Vaude-Perrin has a strong industry knowledge and is able to provide precise and adding value advice to her clients.

The very wise Jeannette Vaude-Perrin has deep investment funds expertise.

Jeannette Vaude-Perrin has a 360 degree knowledge of the investment funds industry.

Jeannette Vaude-Perrin possesses unsurpassed technical expertise and especially benefits from her long term relationship to the regulatory administration of the Luxembourg CSSF.

Key clients

TA Associates

Work highlights

  • Advised core client TA Associates on numerous mandates, including its investment in List S.p.A, an Italy-based developer of software solutions for the financial industry and the sale of its ownership in Hana Group.

Maples Group

Although it is very new in the market - having only established a Luxembourg office in October 2018 - Maples Group's nine-strong team stands out for its size and expertise. Formerly at Dechert LuxembourgJohan Terblanche , who is noted for his 'deep knowledge of the fund market', heads up the team, which is primarily focused on the alternative funds space.

Practice head(s):

Johan Terblanche

Testimonials

The firm delivers practical legal advice and proactively helps us stay on top of the local market situation.

The team is always responsive and provides swift and expert advice, adapting to the latest technologies in market trends and regulation.

The team is efficient and client-focused, with a particular punch in closing transactions.

Johan Terblanche is the number one in Luxembourg.

Johan Terblanche is always familiar with the latest regulation and market trends.

Key clients

Neuberger Berman Inc.

Marathon Asset Management LP

EnTrustPermal

Stoneshield

Blackstone

Cardinal Capital Group

New Rhein Healthcare

Arrow Global Limited

River and Mercantile

Woodman Asset Management

Rezco Asset Management

The Rohatyn Group

Cape Ann Asset Management

Dinimus Capital

Bedrock Asset Management

HPS Investment Partners, LLC

Quaestus Capital Management

Pollen Street Capital Insight Asset Management

TRG Management LP

Crescendo Group

Work highlights

  • Advising New Rhein on the establishment of the Luxembourg sleeve of a global private equity fund offering focused on healthcare therapeutics and medical devices.
  • Advising Cardinal Capital Group Unlimited Company on the launch of a new Luxembourg private equity fund.
  • Assisting Arrow Global Limited with the launch of a new Luxembourg debt fund.

NautaDutilh

NautaDutilh's team 'uniquely combines knowledge of the legal and regulatory side of investment fund regulation with a real understanding of underlying business and customer needs'. A varied workflow includes structuring the full range of alternative funds and UCITS, regulatory advice and due diligence for institutional investors. Luc Courtois heads the team following his arrival from Bonn Steichen & Partners. Ezechiel Havrenne left the firm in December 2019.

Practice head(s):

Luc Courtois

Testimonials

We found that the team had the right way to frame issues vis-a-vis the CSSF and had sufficient high-level contacts in order to advance issues when needed.

Ogier

Ogier provides 'clear, concise and practical advice' across the spectrum of alternative funds and has been strengthened on the real estate funds side by the recent arrival of Benoît Rose  from CMS. In addition to Rose's arrival, the firm has also seen an influx of associates joining the team from various firms, and consequently now has the critical mass and depth of expertise to provide an increasingly compelling offering for clients which are also appreciative of its ability to leverage expertise in other key offshore jurisdictions, including Cayman Islands.

Practice head(s):

François Pfister; Anne-Gaëlle Delabye; Benoît Rose

Testimonials

The team is prepared to work at very short notice when urgent matters arise.

Bertrand Geradin and Anne-Gaëlle Delabye are culturally sensitive and pragmatic.

Francois Pfister – excellent communication and service delivery.

Senior associate Rebecca Macé-Balebs is very efficient.

Work highlights

  • Acting for a major US global alternative assets manager, on the launch, regulatory, structuring and tax aspects of its fifth unregulated fund.
  • Acting for one of the world’s largest independent investment management firms in connection with the launch of its Luxembourg-based private equity structure.
  • Advised a US-based leading middle market private equity and credit investment firm on the establishment of a new Luxembourg master-feeder structure which provides debt capital to middle market companies in the US.

Chevalier & Sciales

Investment funds work is a core focus for independent business law boutique Chevalier & Sciales. Jointly headed by Olivier Sciales and Cécile Rechstein, the team advises asset managers and promoters on the establishment, regulatory and operational needs of UCITS and alternative investment funds.

Practice head(s):

Olivier Sciales; Cécile Rechstein

CMS

CMS' team provides 'responsive and skilled' advice to local and international clients on the structuring of the full spectrum of AIFs, whether organised in a regulated, semi-regulated or unregulated fashion. Benefiting from access to a huge knowledgebase and expertise across the firm's international network of offices, clients appreciate the firm's 'ability to integrate the international aspects of the legal issues'. Aurélien Hollard  heads the team following her arrival in January 2019 from Arendt & Medernach.

Practice head(s):

Aurélien Hollard

Testimonials

The team comprises specialists in various fields of expertise, ranging from regulatory, tax and corporate. This combination provides for a unique platform of competence, enabling the management of clients’ requests with a full spectrum of competences available.

The cost-effective use of highly capable juniors was most welcome.

Dentons

Led by Eduard KosterDentons' team has an integrated approach which draws upon the expertise of regulatory, corporate, finance and tax lawyers to act for fund promoters, financial institutions and asset managers, particularly in relation to the structuring of alternative asset classes.

Practice head(s):

Eduard Koster

Key clients

Tuspark Technology Investment Europe S.à r.l.

Covalis Capital Luxembourg II GP

Level One Investment SA

Quadriga Funds S.C.A.,SICAV SIF

Cogito Capital Fund I SCSp SICAV-RAIF

EC PE Partner

MC Square

Work highlights

  • Advised Cogito Capital Fund I SCSp SICAV-RAIF on its set-up and all aspects concerning Luxembourg law.
  • Assisted TUS Science and Technology Service Group with the establishment of its Innovation Investment Fund (CLIIF).
  • Advised Cogito Partners on setting up the fund and the financing granted by several investors including PFR Ventures and European Investment Fund.

VANDENBULKE

Led by 'very experienced' founding partner Denis Van den Bulke, the 'efficient and dynamic' team at VANDENBULKE employs a multi-disciplinary approach across corporate, tax and finance and is therefore well positioned to handle work across the life cycle of alternative funds work, from initial fund formation through to advice on subsequent investments.

Practice head(s):

Denis Van den Bulke

Testimonials

Denis Van den Bulke gives practical and business-oriented advice.

Laurence Jacques is very responsive.

Ashurst

Established in October 2018, Ashurst's 'knowledgeable and pragmatic' two-partner funds team has already begun to pick up a significant amount of alternative fund-related work, both on its own, as well as in conjunction with the firm's London and New York offices. Antonios Nezeritis 'has excellent knowledge of the fund industry'.

Practice head(s):

Antonios Nezeritis and Isabelle Lentz

Testimonials

The firm is easily accessible and provides pragmatic advice.

Antonio Nezeritis’ work on our fund management business has always been outstanding.

Key clients

Intermediate Capital Group

Altor

Shard Credit Partners

CapMan

Equitix

Sprints Capital

Inflexion Private Equity

Tritax

Oxford Properties

Platina

Mandatum

Concerto IS

Work highlights

  • Advised Intermediate Capital Group on the establishment of its €4.5bn fund, ICG Europe Fund VII.
  • Assisted Rothschild Merchant Bank with the establishment of the €625m Five Arrows Direct Lending Fund.

Charles Russell Speechlys

Led by David Louis Charles Russell Speechlys' four-strong team provides 'knowledgeable and solution-oriented advice' to asset management clients across the gamut of fund structures. The team has 'very good insight into new trends in the market', particularly as it relates to digital funds.

Practice head(s):

David Louis

Testimonials

Very knowledgeable and professional.

Approachable, communicative and always ready to help on new topics.

Personal, responsible and well plugged in with the regulator.

Key clients

Peakside Capital

Brickblock Limited

Decalia

Blackstar Asset Management

Tertius

Norama Fund

A&G

ACI Asset Management

Baum Management

Raymond James

Work highlights

  • Advised Peakside Capital on the establishment of a new real estate fund embedded in new technology (tokenisation).
  • Advising Decalia on the  creation of a platform to host its venture capital and private equity projects.
  • Assisted Blackstar Asset Management with the creation of a new sub-fund and with the corporate life of the existing sub-funds

Deynecourt

Jointly headed by the 'outstanding and client-orientedPierre De Backer and Emmanuelle BauerDeynecourt provides 'efficient and high-quality advice' to clients in the alternative funds space. Work includes fund structuring, M&A activity and ongoing regulatory advice.

Practice head(s):

Pierre de Backer; Emmanuelle Bauer

Testimonials

Pierre de Backer is an expert in the field of fund structuring, asset management, contract law and Luxembourg governance aspects.

Key clients

Rothschild & Co

Banque Pictet & Cie

Finaccess Advisors LLC

Novastone Capital SA

MG Real Estate

Stonebury Capital

CompagnieBancaire Helvétique SA

Work highlights

  • Acting for Rothschild & Co Bank and Rothschild & Co Wealth Management (UK) on its flagship private client fund, Rothschild & Co WM SICAV SIF.
  • Advised a private client of Pictet & Cie on the complete exit of private equity investments held by a fund through BVI intermediary vehicles.
  • Advised MG Real Estate’s founder on the formation of a RAIF, setup as an investment company in risk capital (SICAR) to finance the acquisition of several pan-European prime equity real estate targets.

GSK Stockmann SA

Headed by the 'outstandingMarcus PeterGSK Stockmann SA handles structuring work for alternative funds and UCITS, as well as advice on their day-to-day operational requirements. Notably Peter recently advised China Merchant Bank Luxembourg on the establishment of the bank’s first European-based investment fund.

Practice head(s):

Marcus Peter

Key clients

Pramerica

VBM (Verband derMetall-und Elektroindustrie in Bayern)

Warburg Invest

Bayern Invest Luxembourg

European Fund Administration

LRI Invest SA

EQT Management SARL

MK LuxInvest SA

UBS Luxembourg

Brunswick Capital (Leimdörfer)

Work highlights

  • Advised Daimler AG and the AIFM Hauck & Aufhäuser on the update of certain fund documents and fund agreements.
  • Assisted Fineco Asset Management DAC (a subsidiary of Fineco Bank) on the establishment and approval, as well as the implementation of the takeover of the role of investment manager and management company for CoRe Series, a Luxembourg flagship UCITS fund.
  • Assisted China Merchants Bank with the establishment of its first European-based investment fund.

Linari Law Firm

Praised for its 'willingness to go the extra mile', Linari Law Firm provides a 'very flexible service' to clients on the establishment of UCITS and alternative investment funds. It also has significant experience advising international investment firms on their establishment and activities in Luxembourg, including on behalf of south-east Asian clients.

Practice head(s):

Vincent Linari; Guillaume Deflandre

Testimonials

Guillaume Deflandre always provides impeccable work.

The very strategic Vincent Linari has the experience and capacity to cut out the noise and provide the pertinent advice and guidance.

Aleksej Ketovs is very precise and a clear thinker.

Luther S.A.

Led by Hervé LeclercqLuther S.A.'s sweet-spot is in relation to advising mid-market asset managers launching fund structures in Luxembourg, particularly in the alternative asset class segment.

Practice head(s):

Hervé Leclercq

Key clients

BGL BNP Paribas

Square asset Management -SGFII SA

Sustainable Growth Management S.àr.l.

Work highlights

  • Advising BGL BNP across a wide range of investment fund legal advice and specifically in relation to notifications further to the merger of ABN Amro Luxembourg by BGL BNP Paribas and fund-related day-to-day queries.
  • Advising Square Asset Management, SGFII SA, on the establishment of a real estate investment in the form of a SIF.
  • Assisting Sustainable Growth Management with day-to-day regulatory questions, including in relation to the restructuring of two of its underlying assets and on replacing its Luxembourg AIFM.

Simmons & Simmons in Luxembourg

The 'highly skilled, responsive and dedicated' team at Simmons & Simmons in Luxembourg provides 'technical and very professional advice', either on its own, or alongside other strong funds teams across its international network (including London and Paris). Team head Augustin de Longeaux has a particular focus on real estate, infrastructure and private equity funds. The team has also been active advising numerous asset managers on strategic considerations in light of Brexit.

Practice head(s):

Augustin de Longeaux

Testimonials

For operational functions it is sometimes hard to catch all the complexity of legal and regulatory risks and issues, Augustin de Longeaux and Cedric Danois showed a technical and very professional approach.

Key clients

InfraVia Capital Partners

MIDAS Wealth Management Advisor

Crestline Management LP

First State Investments

Invesco Fund Managers Limited

Cheyne Capital

C5 Capital

Venture Corporate Properties Luxembourg

Work highlights

  • Advised infrastructure fund manager InfraVia Capital Partners on its €2bn fundraising for InfraVia European Fund IV.
  • Advising C5 Capital (a private equity firm specialising in investments in cyber-security companies and technologies) to structure and launch its second fund, Cyber Partners II.
  • Advised US-based debt fund manager, Crestline Investors, on the structuring and launch of its first European fund, Crestline Opportunity Fund III.