AKD > Luxembourg, Luxembourg > Firm Profile

AKD
42, Avenue Monterey
L-2163 LUXEMBOURG
Luxembourg

Luxembourg > Private equity Tier 3

Appreciated for its ‘pragmatic approach to solving issues’, AKD‘s ‘flexible and innovative‘ two-partner team is regularly engaged directly by funds, as well as in a referral capacity from interational law firms to provide the Luxembourg structuring to facilitate international M&A transactions. The ‘pragmatic and technically outstandingNicolas Marchand has a significant amount of sponsor-led M&A experience and his arrival in September 2020 from DLA Piper was a major boost to the team. Marchand now co-heads the department alongside the ‘responsive and solutions-orientedCedric Bless.

Practice head(s):

Other key lawyers:

Testimonials

‘In our view the main strengths of AKD are responsiveness, comprehensive solutions, attention to detail, understanding of client’s needs and good client relationship building.’

‘What set AKD apart from the other firms for us was its responsiveness and understanding of our needs and also its pragmatic approach to solving issues.’

‘Good time and cost management, very responsive, flexible and innovative.’

‘Great team, albeit small, responsive, practical approach and top-notch quality.’

‘Cedric Bless is responsive and solutions-oriented.’

‘Nicolas Marchand is one of the best I worked with in Luxembourg. He is very client focused and is more hands on than most competitors.’

‘Nicolas Marchand is a very experienced practitioner, who is not only very hard working and knowledgeable about the market, but also proactive in terms of client relationship and pragmatic in his approach.’

‘Nicolas Marchand is technically outstanding, with a really pragmatic approach, allowing very good effectiveness and thus a contained budget. Nicolas is also very good at making communication fluid and very easy to access. Probably the best value for money services we received this year.’

Key clients

Pictet Alternative Advisors (Europe) SA

Gates

Atilus

MNK Partners

Apax

Elliott Management

HERMES

ICAMAP

Oaktree Capital Management

Oxenwood

Peakside

Ridgemont Equity Partners

Xerys

Roark Capital

Bridgepoint

Aimco

Colony

Work highlights

  • Acted as special Luxembourg legal counsel to an international alternative asset fund management group on the indirect sale of a major international group specialising in the well-balanced agricultural concept.
  • Acted as special Luxembourg legal counsel to a major international alternative asset fund management group relating to the indirect sale of a major group operator.
  • Representing an asset manager on the acquisition of real estate assets in the UK and Sweden.

Luxembourg > Tax Tier 3

Luxembourg > Banking, finance and capital markets Tier 5

Praised for its ‘in-depth knowledge and forward-thinking spirit’, the small team at AKD provides a ‘tailor-made service’ to clients requiring partner-led advice on bespoke finance mandates. Basile Fémelat is a ‘reliable business partner’ who excels at handling structured finance mandates, while Yann Hilpert, who has ‘excellent knowledge of the aviation industry’, has enhanced the scope of the firm’s work to include asset finance, following his arrival in February 2021 from DCL Avocats.

Practice head(s):

Testimonials

‘The firm has excellent knowledge of the aviation industry and of its players. It is fully dedicated to its customers and is solutions-oriented.’

‘AKD’s lawyers are very competent and available.’

‘They are able to provide rapid feedback on various Luxembourg issues in an clear and concise manner.’

The team displays a really forward-thinking spirit and approach.’

‘It is a human size firm with a huge expertise. As customer, you feel unique. You get a tailor-made service.’

‘Yann Hilpert has expertise in aviation law and a great experience that makes him a key partner for companies who face business law matters in Luxembourg.’

‘Basile Fémelat has been a valued counsel for us in Luxembourg for a number of years. He understands the nature of our business and the matters that are likely to be important to us as lenders in the market.’

‘Jasper Verhoog is responsive and provides clear advice.’

Key clients

Jeronimo Martins, SGPS

Packhelp S.A.

AIMCo

Oxenwood

International Finance Corporation

KfW IPEX-Bank GmbH

Vivion

DRC Capital LLP

Pictet Group

WindShareFund

Esprit Europe GmbH

Emera

Reference Financial Services S.A.

Work highlights

  • Advising KKR Credit Advisors (US) LLC with respect to its divestment in bonds listed on the Luxembourg Stock Exchange and the consequences from a regulatory and disclosure perspective.
  • Assisted WindShareFund with the drafting and issuance of €25m Luxembourg law-governed bonds.
  • Advised Pictet Group in relation to the acquisition of a real estate building located in Paris, acquired together for 90% by Pictet Group and 10% by a Belgian entity.

Luxembourg > Investment funds Tier 5

Co-headed by Virginie Leroy and Jevgeniy Nesch, the ‘responsive‘ two-partner team at AKD is ‘well-versed in Luxembourg funds matters’, particularly as it pertains to fund structuring and regulatory matters associated with real estate and private equity. As well as advising fund managers, the team also provides due diligence to clients considering investing into the funds.

Testimonials

The team is very target-oriented and has shown on many occasions its abilities to quickly adapt to changing circumstances of a work project while still meeting the deadlines and client’s expectations.’

It is a responsive team that is well-versed in Luxembourg funds matters.’

Jevgeniy Nesch provides quick responses and commercial advice.’

Virginie Leroy exhibits great technical expertise.’

Key clients

Alberta Investment Management Corp.

Nordic ESG Impact

Work highlights

  • Advised Alberta Investment Management Corp. on its first investment in a large portfolio of real estate assets based in Germany.
  • Provided advice to an investment manager of alternative funds on list registration with the Luxembourg regulator (CSSF) as registered AIFM.
  • Advised a new client on the setting up of the holding company for the purpose of implementing ESG project.

Netherlands > Banking and finance: lender or arranger side

AKD‘s practice is notably active in handling the Dutch law aspects of cross-border bank financing transactions. Its work spans areas such as real estate finance, project finance, acquisition finance and structured finance. One of the main contacts at the firm is Vincent Bettonville, who has over 20 years of experience in this space. He works with managing partner Erwin Rademakers and Jasper Verhoog.

Other key lawyers:

Testimonials

‘High level of partner commitment. Pragmatic and swift responses. The quality of work is high.’

‘Very friendly and informal style with a lot of humour.’

Key clients

Crédit Agricole Corporate & Investment Bank

JPMorgan

Customer satisfaction is at the heart of our Luxembourg office’s philosophy and of our firm in general, with all clients being given the same high level of dedication. From mid-size businesses to large private equity firms, all are given the same undivided attention from the team. Clients value the Luxembourg team’s responsiveness, in-depth knowledge of the financial markets and constant dedication to achieving their commercial objectives.

Luxembourg has for long been at the forefront of the trends and evolutions relating to the financial markets and structured finance environment. It grew to become a well-established financial centre in Europe with worldwide recognition, known as one of the world’s safest and business friendly environment.

Our Luxembourg office consists of a highly experienced team of lawyers and tax specialists, top-level service, and its strong emphasis on customer care.

In Luxembourg, we cooperate with many US and UK international firms who do not have a footprint in Luxembourg. Luxembourg’s famously diverse population is reflected in AKD’s multilingual and multinational staff.

DepartmentNameEmailTelephone
Tax Ayzo van Eysingaavaneysinga@akd.eu+352 6 91 55 88 33
Tax Rutger Zaalrzaal@akd.eu+352 6 91 55 88 38
Corporate/M&A Cedric Blesscbless@akd.eu+352 6 91 55 88 56
Banking & Finance Basile Fémelatbfemelat@akd.eu+352 691 400 800
Investment management Virginie Leroyvleroy@akd.eu+352 6 91 55 88 98
Corporate/M&A Nicolas Marchandnmarchand@akd.eu+352 6 91 55 88 13
Investment management Jevgeniy Neschjnesch@akd.eu+352 6 91 55 80 72
Banking & Finance Yann Hilpertyhilpert@akd.eu+352 26 75 82 301
Banking & Finance Jasper Verhoogjverhoog@akd.eu+31 6 55 39 58 04
Number of lawyers : 270
Other offices : Amsterdam
Other offices : Breda
Other offices : Brussels
Other offices : Eindhoven
Other offices : Rotterdam

AKD further strengthens its Corporate & M&A practice with the hire of Wouter Kros as a partner

Leading law firm AKD Benelux Lawyers welcomes Wouter Kros as partner into its Corporate / M&A practice as of 1 June 2022. Wouter joins AKD from Loyens & Loeff, where he worked for 14 years covering M&A work for public and private companies. He has a strong track record of domestic and cross-border transactions where he has acted for clients including financial sponsors and corporates.

Ludo Luijks joins AKD’s M&A Tax team

AKD Benelux Lawyers has announced the appointment of Ludo Luijks as a partner in its growing international M&A Tax team. Ludo will join the team on 1 November.

Benelux firm AKD appoints partners: Passing the baton to the next generation

AKD Benelux lawyers has appointed five new partners, four of them "home-grown”, managing partner Erwin Rademakers clarifies. “It gives immense pleasure to see colleagues developing and, as next-generation partners, contributing to building the future of our firm.” 

AKD continues to expand in Brussels: Julien Hick appointed employment law partner

AKD Benelux lawyers is delighted to announce the appointment of Julien Hick as partner in Brussels.

Yann Hilpert appointed partner at AKD in Luxembourg

AKD Benelux lawyers is delighted to announce the appointment of Yann Hilpert as partner in Luxembourg.

Conny Staudt takes on partnership at AKD Benelux lawyers, “back to her roots”

Pieter Huys, who leads the team, comments: “We are thrilled to welcome Conny at AKD. Coming at a time where flexible employment has become a hot topic, her expertise in this field neatly complements our own expertise. Earlier this year, the Balanced Labour Market Act (Wet Arbeidsmarkt in Balans) came into force, the purpose of which Act is to make flexible employment less flexible and steady employment less steady. We find that this new legislation has given rise to many questions from our clients, duly aggravated by the uncertainties thrown up by the Covid-19 crisis. Conny's expertise and experience add real value to our team”.

AKD adds six new partners to Benelux footprint

AKD has appointed six new partners in Belgium and the Netherlands. Following the appointment of three new partners in Luxembourg earlier this year, AKD thus further increases its Benelux footprint.


Benelux law firm AKD expands with McGuireWoods’ Brussels team

Benelux law firm AKD expands its Brussels office by adding McGuireWoods’ Brussels team, following AKD’s strategy to be the first choice full-service legal and tax services provider in the Benelux. The incoming team consists of partners Hubert André-Dumont, Paul van den Bulck, Timothy Speelman, Steven Ongena, counsel Pol Cools, and four associates.