Luxembourg:
Law On Reserved Alternative Investment Funds („RAIF") - Update July 2019
26 July 2019
ELVINGER HOSS PRUSSEN, société anonyme
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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.
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