With already more than 350 reserved alternative investment funds (the "RAIFs") set up since the entry into force of the Luxembourg law on reserved alternative investment funds (the "RAIF Law"), fund managers and investors alike have confirmed their enthusiasm for this new Luxembourg investment fund product. This astounding success is the result of (i) fund managers having been drawn by the unbeatable time-to-market feature offered by RAIFs compared to specialised investment funds (the "SIFs") and risk capital investment companies (the "SICARs") together with proz such as a multi-compartment or standalone structure, tested concepts based on the experience acquired from SIFs and SICARs, attractive tax features, etc and (ii) investors being undeniably fond of the protection offered by RAIFs as they must - by law - be managed by a fully regulated alternative investment fund manager (the "AIFM").
In honour of its fast approaching third anniversary, it is proposed to a public of private practitioners, in-house counsels, fund managers, board members, compliance officers, auditors and the like, to delve deeply into the following matters which are still too often misunderstood.
Attendees will be trained (and entertained for the space of one afternoon) by renown legal practitioners taking the time to share their knowledge and experiences on the above subjects.
13:30 Welcoming participants
14:00 Introduction, by Ezechiel HAVRENNE, Partner – NautaDutilh
14:15 Investment policies and strategies of RAIFs (detailed explanations of differences between RAIFs of the SIF type and RAIFs of the SICAR type), by Hermann BEYTHAN, Partner & Arnaud GODFROID, Associate – Linklaters
14:45 Marketing of RAIFs (types of investors and passporting / brief overview of some national private placement rules across the EU), by Frédérique LIFRANGE, Partner – Helvinger Hoss Prussen
15:15 Creation, management, merger, conversion, reconstitution and liquidation of RAIFs and their compartments (overview of the important stages of the life-cycle of a RAIF), by Jean-Christian SIX, Partner – Allen & Overy
16:15 Financing of RAIFs (term loans, bridge facilities and pledges), by Ezechiel HAVRENNE, Partner – NautaDutilh
16:45 RAIFs' tax regimes (detailed explanations of similarities and differences of the tax regimes applicable to RAIFs of the SIF type and RAIFs of the SICAR type), by Thibaut PARTSCH, Partner – Loyens & Loeff
More information can be found on the website of the the Larcier Group.