Under Luxembourg law we are prohibited by professional secrecy statutory obligations from publicizing client details or transactions.
We have therefore prepared this illustrative summary on an anonymous basis but have tried to include helpful information as to the type and size of client and our role in each case. This information is a summary of current and recent activity only, provided for illustrative purposes only. Please let us know if you would like to discuss (on a no- names basis) any technical legal or tax questions arising from the type of matters illustrated below.
Client 1 - AIFMD implementation– fund restructuring and regulatory application
The client is a central European major real estate asset manager with a Luxembourg specialised investment fund (SIF) in Luxembourg investing in Central and Eastern European, UK and Turkey with aggregate assets under management of Euro 1.6 billion.
Ogier Luxembourg recently acted to implement a review, restructuring and regulatory approval of the manager's Luxembourg SIF (the Luxembourg professional / institutional fund vehicle.
Ogier Luxembourg is currently acting on the conversion of the manager's SIF to a Luxembourg retail fund and separately on the structuring and launch of a new umbrella fund.
Client 2 - Luxembourg – Jersey master – feeder fund structure
Ogier Luxembourg and Jersey were instructed to advise on and launch this onshore / offshore fund structure for a leading global real estate manager targeting German institutional clients. The structure's AUM is approximately Euro 500 million.
This involved:
- launching one of the first Luxembourg special limited
partnerships, a new
fund vehicle introduced in Luxembourg in 2013 to enable UK / US fund models to be adopted here; - Onshore / offshore AIMFD advice and implementation
Client 3 - AIFMD implementation– fund restructuring and regulatory application
Ogier Luxembourg was instructed to implement a review, restructuring and regulatory approval of the manager's 2 Luxembourg SIF.
The client is one of the largest global real estate asset managers whose group is listed on the NYSE.
Client 4 - Luxembourg SIF – structuring and launch
Ogier Luxembourg are currently acting on the structuring and launch of an AIFMD authorized SIF investing in UK real estate. The fund has an internally anticipated target equity of GBP 500 million with the ultimate aim of stock exchange listing. The manager advises in relation to AUM of US$ 3 billion.
Client 5 - AIFMD implementation– fund restructuring and regulatory application
Ogier Luxembourg was instructed to implement a review, restructuring and regulatory approval of the manager's Luxembourg SICAR (société d'investissement en capital à risque Luxembourg's VC/PE investment company).
The client is one of the most high profile global PE managers whose portfolio companies have aggregate revenues of over US$ 30 billion.
Client 6 - Luxembourg SIF – structuring and launch
Ogier Luxembourg is currently launching a Luxembourg SIF for a US PE manager investing in Cyber-security portfolio companies. The Luxembourg structure is modeled on the manager's existing Cayman-Delaware platform and has involved comparative international advice on fund vehicle models, fund product regulation, AIFMD and tax structuring.
The manager's aggregate committed capital stands at approximately US$950 million.
Client 7 - Fund portfolio sale
Ogier Luxembourg and Jersey recently acted on a portfolio sale by a significant UK real estate and private equity real estate fund manager of its European assets with a deal value of GBP 50 million. The client has an AUM of GBP 2 billion.
Client 8 - Luxembourg fund – structuring and launch
Ogier Luxembourg is currently advising in relation to the structuring of a Luxembourg fund (likely to be a SIF) and AIFMD status for a German real estate development manager with target AUM for this fund of Euro 300 million.
Clients 9 & 10 - US opportunity funds – Luxembourg portfolio structuring
Ogier Luxembourg is currently acting for 2 separate US fund managers structuring global investment acquisition and financing through Luxembourg vehicles. Matter 9 has a deal value of US$ +300 million. Matter 10 has a deal value of US$150 million.
Client 11 - Leading mid-market European PE Manager
Ogier Luxembourg acts for the Luxembourg and Jersey combined fund and portfolio structuring needs for a suite of PE funds managed by this manager who has raised aggregate capital commitments of Euro +4 billion.
Client 12 - Leading mid-market European debt fund manager
Ogier Luxembourg acts for the Luxembourg and Jersey combined fund and portfolio structuring needs for a suite of debt funds managed by this manager who has originated aggregate investments of Euro +3.5 billion.
Client 13
Ogier Luxembourg recently acted on the conversion of a regulated credit institution into a regulated UCITS management company.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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