Luxembourg: Finance and Banking

Private credit funds are nowadays key providers of credit to businesses and have taken over the role of traditional banks.

An experienced service provider can help fund managers domiciling in Luxembourg make the most of the Duchy’s favourable regulatory climate.

The European regulatory framework's distinction between open-ended and closed-ended funds has significant implications for alternative investment fund managers, particularly with AIFMD 2 taking effect in April 2026. This analysis examines how semi-liquid evergreen funds—including rolling-vintage and run-off models—should be classified under EU rules, and why a mechanical application...