This brochure presents an English translation of the Law of 23 July 2016 on Reserved Alternative Investment Funds ("RAIF"). The French and English texts appear in parallel. The RAIF has substantially the same characteristics (and flexibilities) as a SIF-AIF, the main difference being that the RAIF is not subject to authorisation and supervision by the Luxembourg supervisory authority and that therefore the timeframe within which a RAIF can be set up and launched is more attractive from a time-to-market perspective.
For more details, please find here a full Memorandum on the RAIF.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.