Loyens & Loeff

The Reserved Alternative Investment Fund (RAIF)

The introduction of a new alternative investment fund (AIF) regime, the "reserved alternative investment fund" (RAIF) or "fonds d’investissement alternatif réservé" (FIAR) by the law of 23 July 2016 relating to reserved alternative investment funds (the RAIF Law) is another step towards increasing the attractiveness of the Luxembourg investment fund and asset management environment, following the implementation of Directive 2011/61/EU on alternative investment funds managers (AIFMD).

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German version