Luxembourg has a long-lasting brand-awareness for displaying elements of both onshore and offshore jurisdictions and is now looking to gain additional market shares in the field of alternative investment funds (AIF) by offering shortly the possibility to create an unregulated AIF, the reserved alternative investment fund (RAIF).
Luxembourg has chosen as a main route to development, a flexible business structure that accommodates more specifically the needs of the market by allowing a legitimate innovative solution in an onshore framework. Indeed, though the Luxembourg Government expressed motivations to this new vehicle merely lie with the necessity to avoid an overlay between the regulatory framework at product manager level and to improve the existing regime of...
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