Investments

On 3 March 2009, the Luxembourg regulator (CSSF) has announced, in view of the establishment of the responsibilities of the various intermediaries in relation to LUXEMBOURG INVESTMENT FUND, a undertaking of collective investment subject to part I of the Law of 20 December 2002 ("Luxembourg UCITS fund") and the custodian bank UBS (LUXEMBOURG) S.A., to take the following two decisions, namely (1) to withdraw LUXEMBOURG INVESTMENT... Read More

The Luxembourg law of 15 June 2004 relating to the investment company in risk capital, as amended from time to time (and for the last time on 29 October 2008) (the “SICAR Law”) has created a Luxembourg vehicle (“SICAR”) whose principal object is investing in risk bearing capital issued by domestic and foreign companies. The main features and advantages of the SICAR Law are its legal flexibility and interesting tax treatment. This legal framework for... Read More