Luxembourg - Summary Of Recent And Current Investment Funds Projects

Under Luxembourg law we are prohibited by professional secrecy statutory obligations from publicizing client details or transactions.

We have therefore prepared this illustrative summary on an anonymous basis but have tried to include helpful information as to the type and size of client and our role in each case. This information is a summary of current and recent activity only, provided for illustrative purposes only. Please let us know if you would like to discuss (on a no- names basis) any technical legal or tax questions arising from the type of matters illustrated below.

Client 1 - AIFMD implementation- fund restructuring and regulatory application

The client is a central European major real estate asset manager with a Luxembourg specialised investment fund (SIF) in Luxembourg investing in Central and Eastern European, UK and Turkey with aggregate assets under management of Euro 1.6 billion.

Ogier Luxembourg recently acted to implement a review, restructuring and regulatory approval of the manager's Luxembourg SIF (the Luxembourg professional / institutional fund vehicle.

Ogier Luxembourg is currently acting on the conversion of the manager's SIF to a Luxembourg retail fund and separately on the structuring and launch of a new umbrella fund.

Client 2 - Luxembourg - Jersey master - feeder fund structure

Ogier Luxembourg and Jersey were instructed to advise on and launch this onshore / offshore fund structure for a leading global real estate manager targeting German institutional clients. The structure's AUM is approximately Euro 500 million.

This involved:

launching one of the first Luxembourg special limited partnerships, a new fund vehicle introduced in Luxembourg in 2013 to enable UK / US fund models to be adopted here; Onshore / offshore AIMFD advice and implementation Client 3 - AIFMD implementation- fund restructuring and regulatory application

Ogier Luxembourg was instructed to implement a review, restructuring and regulatory approval of the manager's 2 Luxembourg SIF.

The client is one of the largest global real estate asset managers whose group is listed on the NYSE.

Client 4 - Luxembourg SIF - structuring and launch

Ogier Luxembourg are currently acting on the structuring and launch of an AIFMD authorized SIF investing in UK real estate. The fund has an internally anticipated target equity of GBP 500 million with the ultimate aim of stock exchange listing. The manager advises in relation to AUM of US$ 3 billion.

Client 5 -...