Law On Reserved Alternative Investment Funds („RAIF') - Update July 2019

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...