Investment funds
Investment fund lawyer in Luxembourg
The firm supports the legal structuring of Luxembourg investment funds (RAIF, SIF, SICAR, SCSp and structures subject to the AIFM regime), drafting of the documentation (articles, agreements, prospectus, PPM) and organisation of governance, in coordination with the authorised AIFM and the fund service providers.
In short
An investment funds lawyer in Luxembourg structures the vehicle (RAIF, SIF, SICAR or SCSp), drafts the documentation (articles, prospectus or PPM, agreements) and organises governance, in coordination with the authorised AIFM and service providers. The firm does not manage the fund: regulated management is the AIFM's responsibility.
Responsible for legal content: Maître Cora Maglo, Avocate à la Cour, Liste I du Barreau de Luxembourg depuis 2009. · Applicable law: Luxembourg
Investment fund lawyer in Luxembourg: key points at a glance
| Item | What to know |
|---|---|
| Fees | Stated fees. Consultation from 175 € excl. VAT; fund structuring and documentation on a tailored quote, from 1 500 € depending on the vehicle and complexity. Everything is quoted before any engagement. |
| Indicative timing | Advice on the vehicle and the first documentation are delivered within a few business days; finalisation and the first closing are scheduled according to the fundraising timeline and coordination with the AIFM and the depositary. |
| Documents required |
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| Deliverables |
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Luxembourg is Europe’s leading investment fund hub: the success of a fund project rests less on the choice of a vehicle than on the overall consistency between the legal form, the documentation, the governance and the chain of regulated service providers. A clear structure from the outset avoids friction at the first closing and costly corrections later on.
Cerno Law Firm acts as legal counsel to the fund initiator: the firm structures the vehicle, drafts the documentation and organises governance, in coordination with the authorised AIFM, the depositary, the central administration and the auditor. The firm does not hold itself out as a fund manager or an AIFM and provides no CSSF-regulated management service.
Investment fund lawyer in Luxembourg: when should you call on the firm?
As an initiator, manager, family office or investor, you are launching or restructuring an investment fund in Luxembourg and must choose the appropriate vehicle and then secure its legal documentation.
Between RAIF, SIF, SICAR, SCSp and funds subject to the AIFM regime, a poorly calibrated choice or inconsistent documentation weakens the fundraising and exposes you to heavy reworks at subsequent closings.
What happens if you do nothing?
A vehicle unsuited to the strategy, deficient subscription documentation, governance poorly articulated with the AIFM and the depositary, inconsistent management and distribution clauses, regulatory compliance poorly anticipated.
A poorly documented fund delays closings, complicates the entry of investors and exposes both the initiator and the service providers to disputes over the terms of the investment.
How does the firm step in?
Advice on the choice of vehicle (RAIF, SIF, SICAR, SCSp), legal structuring, drafting of the articles, the prospectus or PPM and the agreements, organisation of governance and coordination with the authorised AIFM, the depositary, the central administration and the auditor through to the first closing.
Cerno is a law firm admitted to the Luxembourg Bar: 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, who drafts each clause. The regulated management of the fund is the responsibility of an authorised AIFM, with whom the firm works in coordination.
Practice areas
When to call on the firm
- Choose the fund vehicle suited to a private equity, real estate or debt strategy.
- Structure a fund and draft its complete legal documentation.
- Organise governance between the initiator, the AIFM, the depositary and the central administration.
- Restructure an existing fund or open a new sub-fund.
Start online
Start your case in under 5 minutes
A simple, transparent process supervised by a lawyer admitted to the Luxembourg Bar.
Today, most cases can be initiated entirely online. Our digital tools streamline administrative steps so the lawyer can focus on the legal analysis of your situation.
Step 1 of 5 · 3 to 5 minutes
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
- List of useful documents
- Secure transmission
What reassures our clients
Confidentiality
Lawyer’s professional secrecy.
Speed
Start your case online 24/7.
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; fund structuring and documentation on a tailored quote, from 1 500 € depending on the vehicle and complexity. Everything is quoted before any engagement.
FAQ
Frequently asked questions
Which fund vehicle should I choose in Luxembourg?
It depends on your strategy and your investors. The RAIF offers a fast time to market without product approval, the SIF is aimed at well-informed investors under CSSF supervision, the SICAR targets risk capital and the SCSp serves as a flexible structure. The firm guides you towards the appropriate vehicle.
Does the firm manage the fund or the assets?
No. Cerno is a law firm: it supports the legal structuring and documentation of the fund. Regulated management is the responsibility of an AIFM authorised by the CSSF, with whom the firm works in coordination.
Must a Luxembourg fund have an AIFM?
Most alternative funds (RAIF, SIF, SICAR under the AIFM regime) require an authorised AIFM. The firm articulates the fund’s documentation and governance with that AIFM, the depositary and the central administration.
Is Cerno a fund or a piece of software?
No. Cerno is a law firm admitted to the Luxembourg Bar. The firm provides legal support for the creation of funds and coordinates the regulated service providers; it does not manage funds and does not provide any CSSF management service.
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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Free guide · PDF
The practical guide to secure your next step
Checklists, key steps and points to watch, prepared by the firm. Get it instantly, no strings attached.
- The key steps, explained simply
- The documents to prepare
- The common mistakes to avoid
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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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