Raif registrations down 20% for year to date vs 2022

View in LU

New Raif registrations remain below year-ago levels

Luxembourg state flag - Flickr.png

Fund management companies registered some 22 new reserved alternative investment funds (Raifs) in April 2023, according to publicly-released data updated on 15 May.

This development brings the total for this year so far to 128. Considering only the first four months of the year, the total number was down 20 per cent from last year during the same period.

Luxembourg now has some 2,288 registered Raifs. In 2022, The Luxembourg Business Registers recorded 482 new Raifs, at an average of over 40 new Raif registrations every month.

In recent years, Luxembourg Raifs have become highly popular as alternative investment vehicles that target professional investors such as pension funds and insurance companies. A Raif can be created relatively swiftly and does not involve direct interaction with financial supervisors. Its management companies are nevertheless subject to supervision by Luxembourg’s CSSF.

The Luxembourg business register regularly publishes new data on Raif funds.

Raif registrations per month for 2021-2023 to date

^{Source: LBR. May data is up to 15 May.}

The following new funds were registered during April:

Name	Management Company
Prio Partners FCP-RAIF	1741 Fund Management AG
Golub Capital Senior Loan Fund RAIF, SCSp	Carne Global Fund Managers (Luxembourg) S.A.
CRE Loans Debt Fund SCA SICAV-RAIF	AXA Real Estate Investment Managers SGP
CRE Senior Debt SCA SICAV-RAIF	AXA Real Estate Investment Managers SGP
HEROICS GLOBAL STRATEGY SICAV-RAIF	Altarius Asset Management Ltd
Equitix Infra Ireland SCSp SICAV-RAIF	Sanne LIS S.A.
Clover Private Credit Opportunities (Lux) III SCSP SICAV-RAIF	UBS Fund Management (Luxembourg) S.A.
Partners Group European Real Estate Opportunities II (EUR) S.C.A., SICAV-RAIF	Partners Group (Luxembourg) S.A.
Blackstone ESDF III SCA SICAV-RAIF	Blackstone Europe Fund Management S.á.r.l.
ICG REO SCA SICAV-RAIF	ICG Europe S.á.r.l.
Golding Impact 2021 Feeder FCP-FIAR	Golding Capital Partners (Luxembourg) S.á.r.l.
ICG REO SF (No. 1) SCSp RAIF	ICG Europe S.á.r.l.
Hamilton Lane Venture Access Fund I SCSp SICAV-RAIF	MJ Hudson Management S.A.
REF VII	RIVERSIDE EUROPE PARTNERS S.á.r.l.
Nexta Renewable Fund S.C.A. SICAV-RAIF	Crestbridge Management Company S.A.
Partners Group Global Properties S.C.A. SICAV-RAIF	Partners Group (Luxembourg) S.A.
Capital Dynamics Mid-Market Direct SCA SICAV RAIF	Alter Domus Management Company S.A.
ALCB Fund S.A. SICAV-RAIF	LHNL AM B.V.
LaSalle p3 Fund SCSp SICAV-RAIF	LaSalle AIFM Europe S.á.r.l.
ASP 2023 Global Fund Private Investors Offshore SICAV- RAIF S.C.Sp.	Waystone Management Company (Lux) S.A.
Partners Group Secondary VIII (EUR) L.P. S.C.Sp., SICAV-RAIF	Partners Group (Luxembourg) S.A.
Partners Group Secondary VIII (EUR) S.C.A., SICAV-RAIF	Partners Group (Luxembourg) S.A.

Related articles on Investment Officer Luxembourg: