RAIF

Has growth in new registrations of Reserved Alternative Investment Funds, known as Raifs, in Luxembourg peaked? As Investment Officer readers have noted, growth tailed off in February and March. Marc Kriegsmann, Raif market specialist at leading Luxembourg Raif issuer Hauck & Aufhäuser, said the dynamic in the Raif market may be affected by increasingly stringent risk control processes and the presence of suitable alternatives. 

Growth in funds registered as Reserved Alternative Investment Funds (RAIFs) in Luxembourg has slowed in February and March, according to a data analysis by Investment Officer Luxembourg.

A Luxembourg-based investment firm that announced late last week that it will launch what it calls the first alternative fund investing entirely in crypto assets in this country by year’s end is counting on this country’s high quality regulation and supervision to put to rest long-standing doubts about crypto assets.

Luxembourg Raifs appeal to clients worldwide, January data from its business register shows. QIC, the Queensland Investment Corporation in Australia, issued an infrastructure investment Raif together with Carne Global. Ocorian supported Singapore-based SilkRoad with a new real estate fund.

FundRock, a unit of Apex Group, said on Tuesday that it will serve as in-house manager of the Premium Maritime Credit Fund, a new Luxembourg-based fund that first closed in January after raising 110 million dollars from European institutions and family offices.

An alternative investment vehicle that relatively swiftly established itself in Luxembourg continued to become more popular last year, an analysis of data filed with the country’s business register shows. If growth continues at the current pace, Luxembourg will be home to more than 2,000 such funds, known as Raifs, by the end of this year.