Latest Luxembourg News Corporate, Funds Promoters and Family office September 2017
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| | SLP as an AIF
| Securitise your Fleet
| Create your own Wrapper
| Set-up your AIFM in Luxembourg Read more | Car, Yacht, Aircraft, vans,... Read more |
How to use our platform? Read more |
Set-up your AIFM in Luxembourg
The Special Limited Partnership can be set-up as an Unregulated Alternative Investment Fund under the AIFMD. The SLP is a form of companies which can be incorporated in Luxembourg by one General Partner (GP) and one Limited Partner (LP - investor). -
It can be set up within a matter of days -
No prior regulatory approval -
Unregulated Alternative Investment Fund under the AIFMD -
Its manager should be regulated only when its AUM is over > 100 Mio (500 Mio for closed-end funds) -
The SLP can invest in any type of assets: equities, participations, bonds, loans, artworks, cars, hedge fund strategies, liquid or illiquid instruments, real estate, private equity, etc. -
No custodian required -
No audit required -
No prime broker required -
Fully Tax transparent – fully tax exempt in Luxembourg – No VAT -
Clearing and settlement of subscriptions with Euroclear - Fundsettle
Read more about the light set-up cost.
Securitise your Fleet
Large Corporate, Credit institutions, insurance companies and financing companies (Originator) may carry a range of assets in their balance sheet which comprises a fleet of real assets like cars, vans, boats, planes,… but also any other transportation means or machines. In order to reduce the strain on their balance sheet and improve their Tier capital adequacy, these risk carriers use securitisation as an instrument to transfer and “sell” their risk to the market. How? By securitising the risk associated with these assets, these institutions transform them into a financial instrument which is then bought by investors. A Special Purpose Vehicle (SPV) is setup in Luxembourg and buys the fleet of assets. The SPV then obtains the rewards associated with the revenue streams attached to this fleet. Read more
For information on securitisation in general, please request our brochure: Securitisation in Luxembourg.
Visit our Website to know more about our Creatrust Securitisation Plateform.
Create your Wrapper in Luxembourg
A wrapper is commonly used by an investor, a trust, a family or a promoter to structure a pool of assets into one single security. It can be useful to hold several types of assets by subscribing one single certificate instead of holding or subscribing different securities. A promoter might use a wrapper to structure a pool of assets or create an index which is linked to various assets. An asset manager can place several type of asset into the wrapper to create an investment solution for investor by virtue of which they receive one single bond or note which underlying assets are diversified and may include risky and safe assets at the same time or assets and a protection of capital. A HNWI or a Family Office might place whole or part of his assets into a wrapper and use it to transfer his wealth to the next generation or place it into an Life Insurance Policy. As long as the securitisation undertaking does “not create the risk” it can hold securities which are actively managed by a third party asset manager (Actively Managed Certificate) Read more.
Request our Creavision about our Securitisation Plateform.
Sophie Ackermann Client Liaison Officer
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