Crypto funds

Our investment fund team supports promoters seeking to establish a Luxembourg crypto fund in finding the appropriate investment vehicle to meet their requirements and goals from a marketing, regulatory and legal perspective.

We have assisted various clients with the establishment of crypto funds structured as unregulated special limited partnerships.

Our team also

  • Assists clients with the drafting of all fund documentation, review of service provider agreements, regulatory filing with the CSSF if required, and incorporation of the general partner and the fund.
  • Introduces clients to service providers that meet their requirements, including fund administrators, registrars and transfer agents, and auditors.
  • Provides corporate support services throughout the private fund’s life cycle, including amendment of fund documents, restructuring, and launch or closure of sub-funds.
  • Advises on AIFMD-related issues.

Key competencies

arrow_forward Private equity – Fund structuring

arrow_forward Venture capital funds

arrow_forward Real estate – Fund structuring

arrow_forward Hedge funds

arrow_forward Private debt funds

arrow_forward Infrastructure funds

arrow_forward Sustainable finance and ESG funds

arrow_forward Regulatory and compliance

arrow_forward Restructuring and insolvency

arrow_forward Fund litigation

Highlighted cases

arrow_forward Assisting a manager with establishment of a crypto fund investing in cryptocurrencies and tokens, and decentralised finance platforms.

arrow_forward Assisting a Singapore promoter with establishing a crypto asset fund in the form of a special limited partnership.

arrow_forward  Assisting a promoter with establishment of an SCSp investing in perpetual futures contracts with cryptocurrencies as underlying assets.

Private equity fund structuring

Leaders League

‘Well-positioned to handle alternative funds, whether first-time managers or historical players, the firm advises on time-to-market vehicles with a high demand for RAIFs and SCSps. Concerning asset classes, Chevalier & Sciales practice covers a diversity of assets, such as PE and real estate and is increasingly active in relation to crypto, hedge and debt funds.’

Mar 4, 2022

The Legal 500

The investment management sector is the principal driver of boutique business law firm Chevalier & Sciales and accounts for the majority of work it handles in an advisory, transaction and litigation setting. As well as helping establish and operate funds administering traditional asset classes, the team has also successfully developed a strong offering in emerging classes, including as it relates to digital assets. Founding partner Olivier Sciales has ‘the ability to translate “law-speak” into clear common language’ and regularly advises Luxembourg and foreign sponsors on the structuring of alternative investment funds. Cécile Rechstein co-heads the team alongside Sciales.

Client testimonials

‘Direct engagement with the partners. Specialised in setting up investment funds in Luxembourg.’

‘The team provides impressive responsiveness and an outstanding expertise in relation to investment fund matters.’

‘The team is friendly, (not arrogant at all) and very open to work for new business opportunity, especially in the world of crypto/blockchain.’

‘It is a human scale firm where you are not considered as a small client.’

‘Olivier Sciales has the ability to translate “law-speak” into clear common language.’

Mar 4, 2022