Luxembourg as a jurisdiction is often targeted by fund promoters and placement agents looking for institutional money. This is mainly due to the large number of Luxembourg-based fund of funds and private banks. Anyone raising capital in Luxembourg or from Luxembourg-based investors for a new alternative investment fund (the "AIF") must therefore keep in mind the concepts of "marketing" and "reverse solicitation".
Ezechiel Havrenne, Investment Funds Partner at NautaDutilh Luxembourg, gave explanations regarding marketing and reverse solicitation in the AIFMD Context to Paperjam2.
Paperjam is the first independent media in Luxembourg. The publishing house exists since 1994.