10 February 2016

The Reserved Alternative Investment Fund - A New Luxembourg Investment Vehicle

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On 7 December 2015, a draft law number 6929 on the reserved alternative investment fund was introduced to the Luxembourg Parliament. Should this draft bill come into force, it would create a new investment vehicle in Luxembourg – the Reserved Alternative Investment Fund, which – in contrast to existing Luxembourg investment vehicles such as specialized investment funds, investment companies in risk capital, or the so-called Part II Fund – would not require a prior approval from the Luxembourg Commission for the Supervision of the Financial Sector.

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