ALFI has unveiled three reports at its PERE conference held in Luxembourg on 20 and 21 November which all highlight strong growth in the Grand Duchy’s alternative funds sector.
The Luxembourg Real Estate Investment Funds 2018 survey, confirms that Luxembourg remains the favoured location to establish and maintain multi-geographical and multi-sectoral regulated REIFs, which continue to appeal to institutional investors and fund managers from around the world.
The Loan Fund Survey 2018, carried out in conjunction with KPMG, shows that assets under management in Luxembourg-domiciled loan funds has reached EUR49billion, a 23.5 per cent increase over the past year, reflecting the increasing momentum of non-bank financing across Europe and beyond and demonstrating the appeal of Luxembourg as a domicile for alternative investment funds.
The 2018 Luxembourg Private Equity and Venture Capital Investment Fund Survey, conducted by Deloitte on behalf of ALFI, shows that assets under management in Luxembourg private equity funds increased by 20 per cent in 2018.
Denise Voss (pictured), Chair of ALFI, says: “These reports highlight a significant growth in the number of alternative funds in Luxembourg, demonstrating how attractive Luxembourg is for this type of fund. They also all show the appeal of the Reserved Alternative Investment Funds structure, which was introduced by Luxembourg in 2016, with the aim of reducing time-to-market. Indeed the Private Equity survey showed that 4 out of 5 PE fund managers believe the RAIF, as well as the Limited Partnership structure, have been game changers for Luxembourg.”
