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By Dr. Marcel BARTNIK, Partner – Avocat à la Cour, Dupont Partners
At the end of July this year, the Luxembourg government introduced a draft bill of law (no. 8814)(1) with the objective of allowing the use of so-called umbrella structures with several compartments for alternative investment funds (AIFs) – outside of those sectoral laws that already provide for such possibility. While this sounds at first glance like a slightly confusing technicality, it is in reality a not insignificant step towards greater flexibility and more choices when it comes to structuring an AIF in Luxembourg.
But compartments are nothing new?
Indeed, the option of establishing an investment fund with several compartments (or sub...
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