An efficient time to market
After the selection and onboarding of the service providers, the process of incorporation of such RAIF can be as short as ten days (the time to prepare the issuing documentation)
A non regulated Fund
RAIF is an unregulated fund and is not subject to the prior approval nor the supervision of the Luxembourg Financial Supervisory Authority (“CSSF”)
A contractual flexibility
It has the same flexibility proposed by Special Investment Funds (SIF) and Capital Risk Funds (SICAR) with no prior approval of the regulator.
Benefits of the AIFMD regime
RAIF is managed by a regulated external Alternative Investment Fund Manager, based in Luxembourg or in another EU member state.
Advantages of the European passport for marketing to professional investors
The marketing passport is currently available for EU Alternative Investment Fund Managers marketing EU Alternative Investment Funds.
No limitation in terms of fund strategies
The RAIF can invest in any eligible alternative assets.
The Reserved Alternative Investment Fund (”RAIF”) is the new alternative Investment Fund proposed by Luxembourg.
This new status of AIFs is not subject to the prior agreement and the supervision of the Luxembourg supervisory authority (the “CSSF”)
but benefits from the same flexibility proposed by SIFs (Specialised Investment Funds) and SICARs (Capital Risk Funds).