Hauck Aufhäuser Lampe

The latest CSSF data reveals a decline in new registrations of Luxembourg alternative investment funds since the first quarter of this year. However, reserved alternative investment funds continue to demonstrate resilience, driven by recent legislative updates and steady demand.

Luxembourg last week was buzzing with speculation and market talk. A major deal was said to be in the making that could change the international leadership tables among Alternative Investment Fund Managers, AIFMs. “Is your firm going to be bought?” 

Growth in funds registered as Reserved Alternative Investment Funds, known as Raifs, in Luxembourg has increased considerably in the first half of this year , according to an analysis of data from the Luxembourg Business Registry by Investment Officer Luxembourg.

Unregulated alternative investments continued to be dynamic and successful in Luxembourg last year thanks to the modernisation in recent years of the Grand Duchy’s regulatory regime for private markets, consultancy firm PWC Luxembourg noted when releasing the latest version of its Observatory for Management Companies.

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.

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.