Hedge funds

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

We advise on the full spectrum of Luxembourg investment vehicles and fund regimes including reserved alternative investment funds (RAIF), specialised investment funds (SIF), and unregulated common limited partnerships (SCS) and special limited partnerships (SCSp) with an authorised or registered AIFM.

Our team also

  • Supports clients in finding appropriate investment vehicles to meet their requirements and goals from a marketing, regulatory and legal perspective.
  • Introduces clients to service providers that meet their requirements, including custodian banks, AIFMs, fund administrators, registrars and transfer agents, and auditors.
  • Assists with drafting fund documentation, review of service provider agreements, and incorporation of the general partner and of the fund.
  • Assists with regulatory filing with the CSSF.
  • Provides legal and corporate support services throughout the 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 Crypto 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 US manager with the establishment and legal and corporate support of a Luxembourg hedge fund with an algorithm-based trading strategy.

arrow_forward Assisting a manager with the conversion of a sub-fund of an existing Luxembourg RAIF into a standalone fund.

arrow_forward  Assisting a regulated UK manager with the establishment and legal and corporate support of a Luxembourg RAIF with a quant equity neutral strategy.

arrow_forward  Assisting a Swiss promoter with the establishment and legal and corporate support of a SIF with an equity strategy.

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