Article
Using A Luxembourg Feeder To Broaden The Investor Base Of A EuVECA Fund
International investors increasingly seek exposure to EuVECA funds through Luxembourg feeder vehicles, particularly SCA-RAIF structures that provide tax shielding and international recognition. However, when these feeders invest in master funds managed by registered rather than authorised EU AIFMs, they face unique marketing passport eligibility challenges that require careful navigation of the EuVECA regulatory framework.
Loyens & Loeff