CMS Luxembourg provides a ‘pragmatic and solutions-oriented approach’ to managers throughout the life-cycle of a fund, from launch and downstream investments to exits. Under the leadership of the ’exceptional’ Aurélien Hollard, the team is noted for advising on regulated and unregulated structures in the alternatives market, in particular as it pertains to real estate assets, and increasingly private debt. Hollard is also skilled at handling investment products, including ESG-driven structures and impact funds. As well as his structuring of closed-ended and evergreen funds with illiquid strategies, Benjamin Bada is also the main contact for institutional investors seeking to invest into Luxembourg private equity and infrastructure funds. The ‘very knowledgeable and pragmatic’ Julia Bruzzese is the main contact for UCITS and hybrid funds challenges.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- 'Benjamin Bada has been very responsive and his advice has always been clear and to the point.'
- 'Julia Bruzzese is very knowledgeable and pragmatic.'
- 'CMS Luxembourg's investment funds practise stands out for its deep knowledge of the Luxembourg regulatory environment, paired with a pragmatic and solutions-oriented approach. The team demonstrates strong technical expertise while remaining highly approachable and responsive.'
- 'Deep, responsive client service with a reputation for clear, pragmatic and innovative guidance. Leadership in ESG, impact investing and digital asset systems, blending forward thinking with legal proficiency.'
- 'The team is responsive, solutions-oriented and has a very good understanding of how best to work with the CSSF.'
- 'The exceptional Aurélien Hollard combines deep technical mastery with an ability to bring innovative, solutions-oriented thinking to the most complex fund structuring challenges.'
Key clients
- Aviva Investors
- Three Seas Initiative Investment Fund
- Arcano Partners
- Frux Capital Investments S.L
- Clara-Pensions Limited
- 2X Global
Work highlights
Advised the Three Seas Initiative Investment Fund on the $300m financing provided by U.S. International Development Finance Corporation.
Advised Arcano Partners on the legal aspects of the set-up, launch and conversion into an ELTIF of Arcano Private Debt II, a Luxembourg-based alternative investment fund structured as an SCA SICAV RAIF ELTIF.
Advised Frux Capital on the legal aspects of the set-up and lunch of Frux Fund III, a Luxembourg-based alternative investment fund structured as a SCSp-RAIF.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Aurélien Hollard
Other key lawyers
Benjamin Bada; Julia Bruzzese