Secondary funds

Secondary funds encompass a variety of GP-led and LP-led transactions ranging from tender offers to spin-offs, from restructuring to co-investments. Each secondary fund comes with its own unique opportunities and complexity. Sponsoring and fundraising for secondary funds demands an adept understanding of market dynamics, and nuanced answers to legal and operational questions.

With decades of expertise in the Luxembourg funds market, but with a global reach, we guide clients to ensure investment opportunities are not missed while taking into account complexities of secondary funds.

Our clients

As a long-standing advisor for secondary fund projects, our team has experience with clients ranging from institutional investors making strategic liquidations, to investment managers seeking value in the secondary market.

Our role extends beyond legal advice, as our team is also skilled at devising investment strategies, fund terms and structures tailored to a unique project.

Our services

We deliver the legal advice required to thrive in the Luxembourg secondary investment fund market. We facilitate the establishment of a fund and provide support through the secondary investment process, ensuring every legal question is addressed.

Our services include:

• Defining and refining investment objectives
• Selecting strategically advantageous legal structures while ensuring compliance
• Formulating governance and management frameworks to underpin sustainable growth
• Drafting and negotiating pivotal distribution agreements
• Anticipating regulatory and compliance changes with a forward-looking approach
• Strategising exit plans and arranging distributions