Legal Services

German-Luxembourg Fund Solutions

Empowering German asset managers with cross-border expertise.

German-Luxembourg Fund Solutions

At Leroy & Goldbach, we guide BaFin-approved German asset managers through the legal framework of launching and distributing AIFs via Luxembourg’s flexible structures, with a special focus on real estate (RE) strategies. Utilising the AIFMD passport and vehicles like RAIF or SIF, we enable efficient capital raising across the EU, while navigating German RE quotas and ensuring compliance with KAGB and CSSF requirements.

Our Core Legal Services for German Managers

Structuring Luxembourg RE AIFs for BaFin-Approved Managers: Customising vehicles such as a RAIF or SIF so that German institutional investors can hold them within their real estate quota under the AnlV, and securing swift notification for EU-wide distribution via the AIFMD passport.

Drafting Investor Documentation and Marketing Compliance: Preparing PPMs, subscription agreements, and incorporation of the investment vehicle in German or English and compliant with BaFin and Luxembourg regulations, ensuring seamless access to professional investors

Advising on Delegation Models with Luxembourg Third-Party AIFMs: Structuring delegation contracts for RE portfolio management, enabling German asset managers to retain investment control while leveraging Luxembourg AIFMs to optimise within KAGB RE thresholds and reduce regulatory burden.

Why Luxembourg for German Asset Managers? Luxembourg’s AAA-rated financial hub, bilingual German/English expertise, and AIFMD-compliant toolkit offer BaFin managers enhanced flexibility for RE alternatives (e.g., PE, infrastructure). Our legal insight ensures compliant structures that German institutional investors can hold within the 25% real estate quota under the AnlV, and unlocks EU fundraising opportunities.

Ready to optimise your RE fund from Germany to Europe? Contact us for a tailored legal consultation.

Planning a Luxembourg fund or structure?

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Virginie Leroy
Virginie Leroy

Managing Partner

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Lissie Goldbach
Lissie Goldbach

Managing Partner

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Francisco V. Pimentel
Francisco V. Pimentel

Partner

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