Our awards

Our firm has been consistently recommended in the Legal 500 rankings in recent years for its investment fund practice. In 2022, Chevalier & Sciales was cited among the top Luxembourg law firms for investment funds for the 15th consecutive year.

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

'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.'


‘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.’

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:

Highly recommended

  • 2023 Private Equity
  • 2023 Private Equity - Fund structuring
  • 2023 Mergers & Acquisitions - Corporate / M&A
  • 2023 Restructuring & Insolvency
  • 2022 Dispute resolution - Commercial litigation
  • 2022 Dispute resolution - International arbitration


  • 2023 Banking & finance

Olivier Sciales has been recommended in the WWL’s Private Funds - Formation 2023 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.

In its 2020 edition, IFLR1000 said this about our investment fund team:

"Chevalier and Sciales is best known for its investment funds work, while it also has a credible offering in the financial and corporate space.

Though most of the firm’s work is confidential, it provides advice to clients on matters including financial investments, cross-border mergers and insolvency.

In the investment funds space, the firm supports clients on matters including the establishment of funds, listings on markets and the migration of offshore funds to Luxembourg.”