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ARTICLE · 31 AUGUST 2018

What Has The RAIF Brought Luxembourg?

TMF Group BV
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The Reserved Alternative Investment Fund was dubbed a ‘game changer' in the European funds world when it entered the market two years ago. But how much has it really shaken the landscape?

LuxembourgFinance and Banking
Ramon Van Heusden
Ramon Van Heusden
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The Reserved Alternative Investment Fund was dubbed a 'game changer' in the European funds world when it entered the market two years ago. But how much has it really shaken the landscape?

The Reserved Alternative Investment Fund (RAIF) vehicle was set to change Luxembourg's Alternative Investment Fund (AIF) landscape when it was introduced in July 2016 due to its flexibility and ability to be deployed quickly; this thanks to only being regulated through an Alternative Investment Fund Manager (AIFM).

Features

The RAIF has a lot of similarities to Luxembourg's established and very successful Specialised Investment Fund (SIF) and Société d'investissement en capital à risqué (SICAR) structures, however there are some key elements that make it stand out.

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