Funds
AIFM lawyer in Luxembourg
The firm supports the legal matters relating to the AIFM Directive in Luxembourg: contractual relationships with the authorised alternative investment fund manager, framing of delegation, drafting and review of management agreements and documentary compliance, in the service of promoters and investors.
In short
An AIFM lawyer in Luxembourg advises on the legal side of the AIFM Directive, which governs the management of alternative investment funds: management agreements with the authorised manager, delegation and documentary compliance. Cerno Law Firm is a law firm, not an authorised AIFM, and provides no regulated management services.
Responsible for legal content: Maître Cora Maglo, Avocate à la Cour, Liste I du Barreau de Luxembourg depuis 2009. · Applicable law: Luxembourg
AIFM lawyer in Luxembourg: key points at a glance
| Item | What to know |
|---|---|
| Fees | Stated fees. Consultation from 175 € excl. VAT; review and drafting of the AIFM documentation on a quote depending on the complexity of the matter. Everything is quoted before any engagement. |
| Indicative timing | The first review or drafting is delivered within a few business days; finalisation depends on exchanges with the authorised manager and the service providers concerned. |
| Documents required |
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| Deliverables |
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The AIFM Directive governs the management of alternative investment funds and the designation of an authorised manager. For promoters and investors, the legal issue lies in the quality of the management agreements, the framing of delegation and the consistency of the contractual documentation with the authorised manager.
Cerno Law Firm supports this legal side, in coordination with the authorised alternative investment fund manager, the depositary and the central administration. The firm is not an authorised AIFM or a fund manager regulated by the CSSF and provides no regulated management service: it acts as legal counsel.
AIFM lawyer in Luxembourg: when should you call on the firm?
As a promoter or investor, you must secure the contractual relationships with the authorised manager and the documentation relating to the AIFM Directive.
Without clear management agreements and a precise framing of delegation, the responsibilities between the promoter, the manager and the service providers become a source of uncertainty.
What happens if you do nothing?
An unbalanced management agreement, poorly framed delegation, an unclear allocation of responsibilities, contractual documentation inconsistent with the AIFM framework.
Imprecise documentation exposes you to disputes between promoters, manager and investors, and to friction during inspections.
How does the firm step in?
Review and drafting of the management agreements, contractual framing of delegation, structuring of the relationships with the authorised manager and documentary compliance, in coordination with the depositary and the central administration.
Cerno is a law firm admitted to the Luxembourg Bar: it supports the legal side and the documentation, without holding itself out as an authorised AIFM or a fund manager regulated by the CSSF. The digital tools serve only to simplify the collection of information, the qualification of the matter and the tracking of steps; they never replace the lawyer’s advice.
Practice areas
When to call on the firm
- Negotiate and secure a management agreement with an authorised manager.
- Frame the delegation of functions contractually.
- Bring the contractual documentation into line with the AIFM framework.
- Advise promoters and investors on their relationships with the manager.
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Describe your need
Select your issue, answer a few simple questions and share your documents if needed.
What you get
- Initial qualification of the case
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What reassures our clients
Confidentiality
Lawyer’s professional secrecy.
Speed
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Transparency
Fees communicated before engagement.
Expertise
Review by a lawyer of the Luxembourg Bar.
Simplicity
Under 5 minutes to open your case.
Stated fees
Consultation from 175 € excl. VAT; review and drafting of the AIFM documentation on a quote depending on the complexity of the matter. Everything is quoted before any engagement.
FAQ
Frequently asked questions
Is Cerno an authorised AIFM?
No. Regulated management and AIFM authorisation are the responsibility of an alternative investment fund manager authorised by the CSSF. Cerno is a law firm that supports the legal side and the documentation, in coordination with that manager.
What does the support relating to the AIFM Directive cover?
It covers the management agreements, the framing of delegation, the contractual relationships with the authorised manager and documentary compliance, for promoters as well as investors.
Who carries out the regulated management of the fund?
Regulated management is the responsibility of an AIFM authorised by the CSSF. The firm operates on the legal and contractual side, without providing any regulated management service.
Does Cerno coordinate the other service providers?
Yes. The firm works in coordination with the authorised manager, the depositary and the central administration to ensure the consistency of the contractual documentation.
Handled with our network of partners. On regulated matters (funds, AIFM, depositary, CSSF authorisation), Cerno Law Firm provides legal advice and coordination, working where appropriate with lawyers and partners holding the required expertise (management, depositary, CSSF compliance). You keep a single point of contact.
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Founded in 2013; Maître Cora Maglo has been admitted to the Luxembourg Bar since 2009
- 2013
- independent firm
- 2009
- at the Bar since 2009
- 4,7/5
- 81 Google reviewsRead reviews
Expertise & authority
Ongoing review and analysis of Luxembourg and European case law
Avocate à la Cour, List I of the Luxembourg Bar since 2009
Trained at the London School of Economics, formerly at Clifford Chance and Bonn Steichen & Partners
Member of international networks: EILN, AEA, Cross Border Advisory Solutions
Every matter handled and approved by a lawyer admitted to the Bar
Support in French and English
Testimonials
What our clients say
Selected excerpts from public reviews. Consult the Google listing for all ratings and comments; a testimonial does not guarantee a legal outcome.
Had a consultation with Me Cora Maglo about my Luxembourg Blue Card application. She explained everything clearly: the process, timeline and documents I need, and helped me with my wife’s family reunification too. Honest and practical advice. I felt confident after talking to her.F. P.J’ai beaucoup apprécié le service de Maître Maglo : son sérieux, sa sympathie, son professionnalisme et sa disponibilité. Toujours répondu rapidement et clairement, avec des conseils pragmatiques, sans pousser à des procédures longues et coûteuses lorsqu’elles ne sont pas justifiées.N. W.Super assistance and great support! Highly recommend. All my questions were answered, Cora and her team kept me updated all the time. I will definitely reach out to them next time for my residency.T.They talk about us
The firm referenced and cited
Professional directories, business press and legal publications where Cerno Law Firm and Maître Cora Maglo are referenced.
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- Response within 48 working hours
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- Fees announced in advance
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