Whilst historically a local presence in Luxembourg was limited mostly to smaller and/or emerging general partners, many large international houses have set up and conducted business out of Luxembourg since the early 2000s with a considerable and growing local substance.
Luxembourg offers a variety of structuring opportunities for private equity and venture capital investments, such as the investment company in risk capital (SICAR), the Specialised Investment Fund (SIF), the Reserved Alternative Investment Fund (RAIF), or any commercial company, in particular a limited partnership (SCS or SCSp) qualifying as an alternative investment fund and/or a holding company like the société de participations financières (SOPARFI), as the case may be. In addition, Luxembourg commercial companies can also be set up as venture capital vehicle based on the European Regulation (EU) No. 345/2013(EuVECA).
Luxembourg-based service providers have built up teams experienced and specialised in servicing the above-mentioned private equity and venture capital investment vehicles.
Against this background, they are today able to offer a wide range of customised services in fund and acquisition structuring, transaction advisory, fund administration, depositary and audit services dedicated to private equity and venture capital investment vehicles.