Mr Patrick Goebel > Dechert Luxembourg > Luxembourg, Luxembourg > Lawyer Profile

The ‘pragmatic and responsive’ team at Dechert Luxembourg provides a ‘cost-effective service’ to a GP-focused client base, that not only benefits from the firm’s deep local knowledge but also its ability to leverage its international resources. Private funds remain the firm’s sweet-spot, including as these relate to private credit, special situations and venture capital/private equity. The arrival in October 2022 of Matthias Kerbusch from Clifford Chance enhances the team and adds further resources behind the firm’s ability to advise alternative fund managers, including those implementing ‘Lux fund structures with German-regulated investors/LPs’. Patrick Goebel, who is ‘very hardworking and extremely professional’, is adept at advising large asset managers across a range of alternative asset classes and is also noted for his ‘patience with newcomers on the market who want to set up their first product in Luxembourg’. Goebel co-heads the team alongside Marc Seimetz, with all three named practitioners also demonstrating capability in UCITS structuring, primarily for existing fund clients.

With a strong presence in all the major global fund centres, including London and Frankfurt, and also able to draw upon wide-ranging international know-how on best practices and market trends, Dechert Luxembourg is well-positioned to advise fund managers establishing conventional private equity and credit fund platforms in the country. Patrick Goebel and Jean-Louis Frognet co-head the team, with the latter spearheading the firm’s efforts on the transactional front.