New Guide Launched on Private Equity in Luxembourg
The Luxembourg Private Equity & Venture Capital Association (LPEA) has released its updated “Private Equity in Luxembourg” brochure; the publication, compiled by the members of the association, summarises all the relevant information needed to set up and operate private equity and venture capital funds in Luxembourg.
Given the development and promotional purpose of LPEA, this publication stands as a valuable tool providing an insight of the sector to both established firms as well as to newcomers. Distributed in Luxembourg’s target markets upon the association’s roadshow events across the year, the PE in Luxembourg publication is for many professionals their first contact with the details of fund management in Luxembourg.
The edition comprises the latest developments in the market such as the introduction of the new Reserved Alternative Investment Fund (RAIF), features new quotes from practitioners and covers practical aspects such as updates to the law and the design of the most typical structures of Luxembourg private equity funds.
According to Anja Grenner, coordinator of the publication and member of the association’s Promotion Committee, “this brochure is the only PE guide that covers all aspects that need to be considered when setting up a structure in Luxembourg. It aggregates the state of the art knowledge of the leading players in Luxembourg in Private Equity in a single document”.
The Managing Director of the LPEA, Paul Junck, added “this is a paramount publication for the sector and for LPEA as it brings together the expertise of different types of advisers members of the association to jointly offer basic information to general partners worldwide looking for interesting jurisdictions to pursue their businesses. It also provides a good level of detail for those already in Luxembourg but which are either looking into the asset class or seeking access to basic information prior to reaching out to experts who will then analyse their specific situations”.
The publication is endorsed by the Minister of Finance, Pierre Gramegna, and is publicly available for download and consultation on LPEA’s website. Printed samples will be available for distribution next week in the European Alternative Investment Funds Conference in Kirchberg at LPEA’s information booth.