Sustainable finance and ESG funds
Our investment fund team supports promoters wishing to establish a Luxembourg ESG fund in finding the appropriate investment vehicle to meet their requirements and goals from a marketing, regulatory and legal perspective.
We advise on the full spectrum of Luxembourg investment vehicles and fund regimes including specialised investment funds (SIF), reserved alternative investment funds (RAIF), alternative investments funds with an authorised AIFM, and unregulated common limited partnerships (SCS) and special limited partnerships (SCSp). We can also evaluate the structuring of the investment vehicle as a European Long-Term Investment Fund (ELTIF), European Venture Capital Fund (EuVECA), or European Social Entrepreneurship Fund (EuSEF).
Our team also:
- Assists fund managers on preparation of SFDR-related disclosures either as neutral (Article 6 of the SFDR), possessing sustainability characteristics (Article 8), or having a sustainability purpose (Article 9).
- Assists clients with establishment of impact advisory committees and impact policies.
- Assists clients with drafting fund documentation, review of service provider agreements, regulatory filing with the CSSF, if necessary, and incorporation of the general partner and the fund.
- Introduces clients to service providers that meet their requirements, including custodian banks, AIFMs, fund administrators, registrars and transfer agents, and auditors.
- Provides corporate support services throughout the fund’s life cycle, including amendment of fund documents, restructuring, and launch or closure of sub-funds.
- Advises on AIFMD-related issues.
Key competencies
arrow_forward Private equity – Fund structuring
arrow_forward Venture capital funds
arrow_forward Real estate – Fund structuring
arrow_forward Hedge funds
arrow_forward Crypto funds
arrow_forward Private debt funds
arrow_forward Infrastructure funds
arrow_forward Regulatory and compliance
arrow_forward Restructuring and insolvency
arrow_forward Investment fund litigation
Highlighted cases
arrow_forward Assisting a UK-regulated manager with preparing Article 9 SFDR disclosures for its unregulated special limited partnerships.
arrow_forward Assisting a client with establishment and legal and corporate support of a Luxembourg private equity fund (SIF) investing in emerging markets in Asia witrh ESG characteristics (Article 8).
arrow_forward Assisting a fund manager with establishment of an impact advisory committee and impact policy for the private equity sub-fund of a RAIF.
arrow_forward Assisting a UK-regulated manager with review of SFDR compliance of 18 sub-funds of a RAIF.
Leaders League
‘Well-positioned to handle alternative funds, whether first-time managers or historical players, the firm advises on time-to-market vehicles with a high demand for RAIFs and SCSps. Concerning asset classes, Chevalier & Sciales practice covers a diversity of assets, such as PE and real estate and is increasingly active in relation to crypto, hedge and debt funds.’
The Legal 500
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.
Client testimonials
‘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.’
