The Funds Download

The Funds Download: Mixing in real-time legal updates in the BVI, Cayman Islands and Luxembourg, with developing trends in our key markets of the US, LatAm, Europe and Asia and sprinkling on top some contrasting viewpoints on the pivotal moments in the global economy. Each episode is brought to you by Harneys global offshore law firm.

  1. 11 FEB

    Cayman–Luxembourg funds: Parallel funds without parallel headaches (Part I)

    In this first episode of our new podcast series, our Global Head of Financial Services, Maggie Kwok, and Partner Stéphane Karolczuk explore why managers targeting European investors avoid relying on reverse solicitation and instead turn to national private placement regimes (NPPRs) where available, or choose to establish an AIFMD compliant Luxembourg fund alongside their Cayman structure. For managers with a European background, or those with growing European ambitions, setting up a Luxembourg fund managed by a third‑party AIFM allows them to enjoy the best of both worlds: namely, (i) access to the AIFMD marketing passport for EU investors, and (ii) the ability to maintain their traditional Cayman fund for non‑EU investors without disrupting existing structures. This parallel Luxembourg–Cayman approach offers flexibility, regulatory certainty, and an efficient distribution strategy across jurisdictions. Stay tuned for our next episode, where we will take a deeper dive into selecting and appointing a third‑party AIFM for your Luxembourg fund and discuss the distribution, compliance, and marketing support they can provide. Click here to subscribe to the Funds Download podcast. Choose your preferred platform from the list presented and click subscribe or follow once logged in. Visit the Funds Download podcast page to catch up on all the Funds Download episodes. If you’re considering establishing a fund in the Cayman Islands, Luxembourg, or the British Virgin Islands, visit our Funds Hub for guidance.

    12 min

About

The Funds Download: Mixing in real-time legal updates in the BVI, Cayman Islands and Luxembourg, with developing trends in our key markets of the US, LatAm, Europe and Asia and sprinkling on top some contrasting viewpoints on the pivotal moments in the global economy. Each episode is brought to you by Harneys global offshore law firm.

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