Awards and rankings

Our firm has been consistently recommended in the Legal 500 rankings in recent years for its investment fund practice. In 2024, Chevalier & Sciales was cited among the top Luxembourg law firms for investment funds for the 18th consecutive year.

The latest Legal 500 citation described our investment fund team as follows:

'Investment management work is a core area of focus for boutique independent law firm Chevalier & Sciales, with work spanning fund structuring and ongoing regulatory and standalone regulatory compliance, particularly in relation to ESG and AML matters. Founding partner Olivier Sciales, who co-heads the team alongside Cécile Rechstein, has a  primary emphasis on structuring alternative investment funds including SIFs, RAIFs and unregulated special limited partnerships.'

In the annual Ranking of the Top Law Firms in Luxembourg compiled by French business publisher and rating agency Leaders League, Chevalier & Sciales has been recommended in the following areas:

Excellent

• 2025 Private Equity
• 2025 Private Equity - Fund structuring

Highly recommended

• 2025 Mergers & Acquisitions - Corporate / M&A
• 2025 Restructuring & Insolvency
• 2025 Tax law - Corporate tax
• 2025 Tax law - Tax litigation
• 2025 Dispute resolution - Commercial litigation
• 2025 Dispute resolution - International arbitration

Recommended

• 2025 Banking & finance

Olivier Sciales has been recommended in the Lexology Index (formerly WWL’s)  Private Funds - Formation 2025 edition.

WWL Private Funds provides an in-depth focus on the international private funds legal market, and identifies the foremost practitioners around the world including fund formation specialists and regulatory experts who advise and assist clients in relation to alternative asset classes such as private equity, venture capital and hedge funds.

Chevalier & Sciales has been ranked in the top quintile for client retention among Luxembourg fund service providers. The latest affinity rankings from Monterey Insights and Paperjam shows that our firm has been recognized in the 1st quintile for client retention among Luxembourg fund service providers between 31 December 2019 and 31 December 2023.

Monterey Insight’s comprehensive analysis evaluated Luxembourg’s fund service providers, including legal advisors, administrators, custodians, management companies (mancos), and transfer agents, focusing on “affinity” or client retention rates. The research specifically examined how frequently investment fund firms change service providers (e.g., legal advisors, custodians).

According to the article of Paperjam, ‘There are many factors which impact affinity, but this quantitative analysis attempts to provide some insight into which service providers perform the best—defined as retaining more funds—and those that fare less well.’

We are grateful for our clients’ trust, which has helped us achieve recognition in the legal advisory category.