The European Long-Term Investment Fund (ELTIF) fund label accommodates EU high-net-worth individuals seeking exposure to private assets.

US Fund Managers (USFM) launching ELTIFs to raise capital from EU HNWIs typically do so either through a Luxembourg Reserved Alternative Investment Fund (RAIF) or a Part 2 UCI.

Below we are looking into the potential impact of these COI rules in the context of fund-of-funds (FoF) and side-by-side (SBS) fund strategies, as these two strategies are commonly...

Establishing a Luxembourg fund requires EU sponsors to appoint Luxembourg based service providers to support the launch and continued existence of the fund.

European institutional investors increasingly favor Article 8 funds under SFDR, which promote environmental and social characteristics alongside good governance practices. US fund managers face strategic decisions when entering the EU market, weighing the benefits of Article 8 classification against operational constraints and investor preferences. The regulatory landscape offers flexibility in ESG implementation, though upcoming SFDR 2.0 reforms will reshape these disclosure requirements by late 2027.

Semi-liquid alternative investment funds face inherent tensions between illiquid assets and investor liquidity demands, requiring sophisticated redemption management tools. Under AIFMD II, EU-authorized private fund managers must implement pre-determined liquidity management tools, but not all redemption restrictions qualify equally.

To keep up to speed with recent market developments, the innovative Sustainability-Linked Bonds (SLBs) can now be displayed on the Luxembourg Green Exchange (LGX).

The Luxembourg Stock Exchange (LuxSE) has published on 19 August 2021, its first guidelines for the listing of SPACs on each of its markets.

US fund managers (USFM) often turn to Luxembourg for EU capital raising and structuring EU-based transactions. The Luxembourg fund vehicles and asset acquisition companies (jointly, LuxCos)...

US fund managers raising capital in the EU often set up a Luxembourg special limited partnership (SCSp) qualifying as an alternative investment fund (AIF).

US fund managers (𝗨𝗦𝗙𝗠𝘀) raising capital in Europe typically establish a Luxembourg access point to their fund complex, usually in the form of a special limited partnership (𝗦𝗖𝗦𝗽)...

U.S. fund managers (USFM) that raise capital in Europe typically do so through a Luxembourg parallel fund sleeve (LPFS), usually organised as a special limited partnership (SCSp).

Recent developments in EU tax law include Advocate General opinions on the Parent-Subsidiary Directive's anti-abuse provisions and Italian group taxation rules, alongside institutional progress...

On 25 April 2024, the Administrative Court of Luxembourg issued two final judgments dealing with the application of the general anti-abuse...

In the United States, class actions seem to be a go-to instrument for cartel follow-on litigation. In the United Kingdom, the (certification) criteria for collective proceedings were recently...

We have drawn up a short list for you of possible actions you may still need to take before or after 1 January 2020.

As of 1 October 2019, the UWV will apply new implementation rules for dismissal in the event of long-term incapacity for work.

On 12 May 2026, the Dutch House of Representatives adopted the legislative proposal More protection for flexible workers ('Meer zekerheid flexwerkers'). Through various amendments, the proposal has been tightened...

As of 1 July 2023, the excise duty on fuels in the Netherlands will increase. This will substantially reverse the excise duty reduction that became effective on 1 April 2022.

The Dutch Central Bank (De Nederlandsche Bank, DCB) recently announced that, in the coming period, it will be paying increased attention to the fixed overheads requirement...