RAIF
09/05/2017
09/05/2017
Luxembourg law dated 23 July 2016 introduced a new tool in the (already quite large) range of vehicles existing in the Luxembourg fund industry: the Reserved Alternative Investment Fund. By implementing this new form of AIF, the Luxembourg legislator took a resolute step towards modernity and flexibility. Indeed, the originality of the RAIF lies less in its way of functioning (very similar to a SIF) or its tax treatment (though the Law organized an original dual tax regime either copied from the SIF or from the Venture Capital Investment Companies, depending on the investment strategy develope ...