ARTICLE · 24 FEBRUARY 2016

Super Return – Durch Den Luxemburger „RAIF"?

KPMG Luxembourg

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Eine schnelle und gleichermaßen prozessual saubere Fondsauflage freut GPs und LPs gleichermaßen...

LuxembourgFinance and Banking

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Eine schnelle und gleichermaßen prozessual saubere Fondsauflage freut GPs und LPs gleichermaßen – und könnte im Rahmen der von institutionellen Investoren erwarteten Operational Excellence" den Ausschlag bei der Managerwahl geben. In Luxemburg wird Mitte 2016 ein neues Instrument der Fondsstrukturierung erwartet, welche die bestehenden Vorteile der Luxemburger Spezialfonds mit einer wesentlich kürzeren Vorlaufzeit verbindet.

Voraussetzungen

Wesentliche Voraussetzung ist das Management des sogenannten Reserved Alternative Investment Fund" (RAIF") durch einen zugelassenen (authorised") Alternative Investment Fund Manager (AIFM). Die Aufsicht erfolgt auf Ebene des AIFM und nicht auf Produktebene. Während regulierte Fonds also auf eine eigene produktbezogene Zulassung warten müssen, entfällt dieser Schritt im Rahmen der Fondsauflage des RAIF ersatzlos: Eine separate Genehmigung des Fonds ist nicht mehr erforderlich.

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