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Luxembourg Investment Funds industry 

A global powerhouse built on expertise, innovation and unparalleled choice 

As Europe’s leading investment fund centre and the world’s largest cross border fund distribution platform, Luxembourg plays a critical role in the financial services sector. Recognised for both its great economic and political stability and as a permanent innovator and forerunner in its field, the Grand Duchy enjoys a consistent AAA credit rating in addition to GDP growth that regularly outstrips the European average. Luxembourg is a driving force in setting the highest industry standards and in offering the most progressive regulatory regimes in the investment funds sphere.

Linklaters Luxembourg Investment Funds practice 

A well-established international team with a highly successful track record

Our investment funds practice is at the edge of innovative fund solutions and has been over decades the trusted advisor of many leading global and European investment managers. The trust clients put in our team is built not only upon the calibre and commitment of our lawyers, but on an exceptional scope of expertise and depth of knowledge. Our lawyers truly understand our clients’ business and needs, and they offer clients commercial and pragmatic solutions to the most complex problems in an ever changing and often challenging regulatory environment. Our team is deeply integrated with our global funds team with hubs in London, New York, Frankfurt, Paris, Hong Kong, Singapore and Abu Dhabi and can deliver the full breadth of a truly integrated global funds practice. Proactive and innovative with a deep global funds knowhow, Linklaters Luxembourg is recognised as one of the leaders in both the UCITS market and in the alternative funds sphere. 

  • We have 40 funds lawyers with different nationalities, languages and cultural backgrounds which can meet literally every client’s expectations
  • We have consistently been ranked Tier 1 by Legal 500 for the past 10 years
  • We hold key roles in all important Luxembourg consultative and advisory industry committees and bodies and are very active in various Luxembourg and European industry working groups 

“Drawing upon 'excellent legal know how', combined with a 'consideration of economic and practical issues’, Linklaters is a popular choice among investment banks, asset managers and global custodians to advise them on their most sophisticated fund set-ups and servicing. As well as "real world" market experience doing deals - and the ability to leverage know-how from offices in other key global fund jurisdictions- clients, in both the regulated and unregulated funds space, benefit from the team's engagement with the regulator and involvement with many working groups/industry bodies. Consequently, it is at the forefront of developments in the market, including as it relates to ESG considerations, as well as on the use of European Long-Term Investment Funds (ELTIF) in the retail space, allowing investors to put money into companies and projects that need long-term capital.” Legal 500 EMEA 2023, Investment Funds, Luxembourg

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Investment management expertise

Advising market leaders with exceptional knowledge and sharp industry insight

Linklaters Luxembourg’s investment funds practice is a cornerstone of the Luxembourg office and a key part of the firm’s global offering. Advising on asset management, fund servicing and investment fund structuring for all asset classes and investment types, our diverse team is widely recognised among leading industry players for its extensive expertise in UCITS, alternative investment funds (e.g RAIFs, SIFs, ELTIFs) and in particular in the structuring of bespoke complex and innovative investment vehicles covering various sectors such as real estate, private equity, private credit or infrastructure.

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A comprehensive approach

A collaboration of talent and skills underpinned by a wealth of expertise 

We are a full-service firm with the expertise and capacity to provide a “one-stop-shop” by delivering comprehensive and co-ordinated advice and assistance throughout the entire fund lifecycle. We work on a daily basis closely together with our corporate, tax, capital markets and banking specialists to together build perfectly tailored investment solutions for you. With access to such a wide and deep pool of knowledge we can support our clients every step of the way, every stage of the process.

Fund lifecycle
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A unique global footprint

A reach that delivers results and captures opportunities around the world

We have one of the deepest and most globally integrated funds practices in the world with teams in London, Luxembourg, New York, Frankfurt, Paris, Hong Kong and Tokyo. With in-depth expertise in every major market we can deliver specialist investment fund advice and support around the world. Our local knowledge and global capabilities allow us to pursue opportunities and respond to challenges wherever they arise. We serve our clients as a team with a clear focus on innovation, efficiency and agility.

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Leading the way forward

Setting the standards and shaping the future with industry influence

Linklaters Luxembourg is closely involved in all industry efforts to establish and ever improve the country’s flexible investment toolbox and to find innovative solutions in applying such toolbox in a smart and skilful way. We play an active role in all important consultative and advisory committees, helping to shape the Grand Duchy’s regulatory framework through participating in:

- ALFI
- EFAMA
- LPEA
- ABBL 
- HCPF

Our partners and most senior lawyers are also regular speakers at key industry events helping to promote Luxembourg as a leading financial centre and to highlight its core advantages in today’s competitive environment. 

Investment fund industry developments on the horizon

We have highlighted for you some of the major legal developments expected in the upcoming months:

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1 January 2023

  • Entry into force of the SFDR delegated regulation

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20 March 2023

  • Publication of the ELTIF review

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Q2 2023

  • AIFMD review

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10 January 2024

  • Entry into application of the ELTIF review

“With a globally integrated funds team we will provide you with specialist advice throughout the entire span of a fund’s life. We understand the economics of our clients’ business and offer a full service of highest quality, from the structuring of a fund through its launch, the investment and divestment of assets up to its ultimate winding-up. We are proud to deliver great efficiency and to find competent and pragmatic investment solutions to meet our clients’ needs.”

Silke Bernard, Investment Funds Partner

silke bernard
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