Introducing the RAIF: Luxembourg’s Newest Investment Fund

A Solution that Redefines Fund Manager & CSSF Roles On July 14, 2016, Luxembourg’s Parliament approved the law on reserved alternative investment funds (RAIFs), providing a missing link to the Alternative Investment Fund Managers Directive of 2011 (AIFMD). Until now, all alternative investment funds required initial approval from the CSSF, Luxembourg’s supervisory body, in addition …

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