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Crestbridge in Luxembourg will act as the Manager for the first platform to be launched under Luxembourg’s recently introduced Reserved Alternative Investment Fund (RAIF) regime. Following the approval of the RAIF law in July this year, the launch of the first RAIF platform is expected to prove attractive for a broad range of asset classes, including private equity, real estate and hedge funds, and offers non-EU and EU managers a fast, cost-effective, simple and robust way to access European investor capital.
Under the new RAIF regime, the regulatory focus lies with the Alternative Investment Fund Manager (AIFM) rather than each individual fund requiring regulatory approval. This means that non-EU managers can quickly set up and bring to market funds under the...
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