If an EU alternative investment fund manager (EU AIFM) classifies a fund under management as open-ended, it triggers the need to implement a robust liquidity management framework.

Luxembourg offers a cost-efficient alternative for emerging fund managers through its registered AIFM structure, commonly known as the "small manager" route. This approach allows fund managers to establish Luxembourg AIFs while avoiding the substantial costs associated with authorised host AIFMs, though it comes with specific asset thresholds and marketing limitations.

We assisted Main Capital as their lead legal and tax counsel on the structuring and formation of Main Capital VIII and Main Foundation II, both set up as Dutch master funds.

US-based private fund managers (USFM) seek to raise capital from EU professional investors through alternative investment funds (AIFs).

US fund managers rely on a Luxembourg access point (Lux Fund) within their fund structure to cater to the preferences of EU investors and to streamline distribution in the EU using a marketing passport.

On 13 May 2025, the Economic and Financial Affairs Council (ECOFIN) reached political agreement on a proposal...

The Court of Justice of the European Union (CJEU) delivered its long-awaited preliminary ruling in Nissan Iberia.

The Future Pensions Act mandates that Dutch pension schemes transition to new solidarity-based or flexible defined contribution models by 2028, requiring the conversion of collective pension assets into individual capital accounts. This process raises critical questions about fair allocation of pension fund assets and the potential liability exposure for social partners and pension funds when distributions become unbalanced.

The recent edition of the legal journal on Dutch civil procedural law JBPr contains two commentaries on recent case law of members of the Dutch class actions team.

Pillar One and Pillar Two will change the way in which MNE groups will be taxed. They are expected to enter into force in 2023, which means that the time to prepare and assess the expected impact is now.

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics in a concise and uncomplicated manner. This is our latest Snippet on European leveraged finance transactions...

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. This Snippet focuses on the organization of the fund distribution.

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. This Snippet focuses on the notification, disclosure, and asset stripping rules for EU targets when US fund...

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. This Snippet describes the guidelines that have been published on the use of certain terms...

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. This Snippet focuses on the impact of engaging with a Luxembourg Host AIFM on a fund's deal process.

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. Over the summer, the 'EU Tax Snippet Summer Series' will offer insights into three recent EU tax...

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. This Snippet describes Luxembourg transfer pricing (‘TP')...

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. This Snippet describes the impact of book-to-tax differences (‘B/T Differences') for Pillar Two (‘P2') purposes.

P2 seeks to enforce a global minimum income tax at an effective rate (‘ETR') of 15% for each country in which the MNE operates. Under P2, the results of all consolidated group entities...

Loyens & Loeff New York regularly posts ‘Snippets' on a range of EU tax and legal topics. This is our latest Snippet on the upcoming public Country-by-Country reporting ("Public CbCR") obligations in Europe.