Investment Management

Our multidisciplinary fund team represents fund managers and investors in a broad range of (alternative) asset classes and from around the world. We know the ‘terms & conditions’ of the various alternative asset classes and can help you with fund and investment structures that fit your strategy, investor base and management organisation. Our solution driven approach and execution power will help you to go from term sheet to closing of your fund raising in a seamless way. Our fund team works in close collaboration with our private equity, tax, real estate and banking & finance colleagues and comprises a network of specialists around the globe.

International fund structuring comes naturally to us due to our unique tax capacity and international client base. The strength and depth of our fund formation skills, know-how of various strategies and understanding of investors’ demands, has made us the investment management practice of choice of both long-standing and new clients. Whether it involves the initial ‘term sheet’, the formation, structuring, marketing, documentation or closing: we cover all aspects of investment fund services.

We pride ourselves in being actively involved in the Dutch Fund and Asset Management Association (DUFAS), Luxembourg Private Equity & Venture Capital Association (LPEA), Association of the Luxembourg Fund Industry (ALFI), Invest Europe (formerly known as EVCA), the Dutch Association of Private Equity Firms (NVP), the Asian and the European Association for Investors in Non-listed Real Estate Vehicles (ANREV and INREV) and the European Public Real Estate Association (EPRA).

• Tax and regulatory advice on the (cross-border) fund and investment structure, taking into account the investors base, the investment strategy and the organisation of the management.
• Structuring and negotiating of fund documentation with investors, from a tax, corporate and remuneration perspective.
• Structuring of carried interest, organisation of employee investment entities and structuring of other incentive arrangements.
• Providing regulatory, corporate and tax advice to institutional investors like pension funds, public investment entities, mutual funds (including UCITS), hedge funds and proprietary funds sponsored by insurance companies, banks and other.
• Assistance with financial and tax modelling.
• Yearly tax and legal fund review, corporate house keeping, tax compliance for fund entities.
• Drafting remuneration policy and drafting management reports.
• Negotiations with supervisors on all corporate and employment aspects of the fund.
• Tax structuring for international private equity and real estate clients.

Strengths: Clients laud the department for its commercial acumen, one highlighting its "very pragmatic and business-friendly approach." (2021)

Another cites the team's business understanding, recalling how the team "makes a real effort to understand what we need on a daily basis." (2021)

''Clients note that the lawyers are "very up to date" in their understanding of the Dutch financial services regulator, saying: "They have set up or advised many Dutch funds, so have very good overview of what are acceptable conditions for the national authorities".'' (2020)

"The team creates a 'true partnership' with their clients and 'is very approachable and has a good understanding of the practicalities of fund structuring'. Other clients say the department offers 'excellent assistance' and note that 'the lawyers are well informed and well equipped to help with AIFMD'." (2019)

"Loyens & Loeff’s investment management practice offers truly integrated services. They smoothly combine tax, legal and regulatory aspects in their approach. They are very experienced and reliable, react fast and are always to-the-point. We highly appreciate their experience and great network among financial market and tax authorities. They provide excellent materials for our local tax and legal & regulatory committees and by contributing to yearly recurring training programs for both junior and senior investment managers.’ ‘All top tier advisors – technical skills outstanding – they combine this with hands on advice." (2021)

"Excellent service and availability. Speed is key in our field and they deliver". (2020)

"Loyens & Loeff's team has, according to one client, 'an excellent level of expertise, better connections with local tax and financial markets authorities than many others' and is 'very experienced and up-to-date on international and cross-border issues'." (2019)

"Benefiting from 'deep market and regulatory knowledge', Loyens & Loeff provides 'sophisticated and straightforward advice' to managers on the establishment and ongoing operational needs associated with their alternative funds." (2019)

"Loyens & Loeff’s ‘top-level’ practice is well known for its superlative tax and multi-jurisdictional capabilities." (2018)