Changes in Luxembourg’s investment laws have led to an upsurge in work for the country’s lawyers. Heather O’Brian reports
A recent amendment to Luxembourg law on investment funds for private equity and venture capital investors could lead to more work for the Grand Duchy’s law firms. One significant change in the new law is that a SICAR (societe d’investissement en capital a risque) fund can now be set up with different compartments, which may have different investment policies, management fees or redemption dates.
