Private equity - Fund structuring

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

We advise on the whole spectrum of Luxembourg investment vehicles and fund regimes such as but not limited to reserved alternative investment funds (RAIF), specialised investment funds (SIF), unregulated common limited partnerships (SCS) and special limited partnerships (SCSp) with an authorised AIFM or a registered AIFM. We can also evaluate the structuring of the investment vehicle as an EuVECA.

Our team furthermore:

  • 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, registrar and transfer agents and auditors.
  • Assists with the drafting of all the fund documentation, the review of the service provider agreements (including bridge financing agreements), the incorporation of the general partner, the fund, carried interest vehicles, co-investment vehicles and SPVs, as well as the drafting of the financing documents.
  • Assists with the regulatory filing with the CSSF.
  • Advises on AIFMD-related issues.
  • Provides legal and corporate support services throughout the private equity fund’s lifetime, including amendment of fund documents, restructuring and launching or closure of sub-funds.

Key competencies

arrow_forward Venture capital funds

arrow_forward Real estate – Fund structuring

arrow_forward Hedge funds

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 UK FCA regulated manager with the set-up as well as the legal and corporate support of a private equity sub-fund of its RAIF.

arrow_forward  Assisting a UK manager with the set-up of an alternative investment fund with an authorised AIFM structured as a SCSp focused on sustainable investments.

arrow_forward Assisting a client with the set-up as well as the legal and corporate support of a Luxembourg private equity fund (SIF) focused on emerging markets in South East Asia.

arrow_forward Assisting clients with the establishment of multiple Luxembourg special limited partnerships (SCSp), reserved alternative investment funds (RAIF) and specialised investment funds (SIF).

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