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MANAGEMENT COMPANIES & AIFMS

Management companies & AIFMs

We advise sponsors seeking to provide management company services and/or AIFM services, guiding projects from initial setup through authorisation and ongoing regulatory compliance.

Management companies and AIFMs advisory

Why Our Team

We combine regulatory committee involvement with hands-on operational and compliance experience to help clients set up and run IFMs.

Regulatory Experience

Active participation in CSSF, ALFI, ALCO, ILA and LPEA committees ensures up-to-date regulatory insight.

End-to-end support

From project definition and authorisation to ongoing compliance, inspections and cross-border expansion.

Practical guidance

Tailor-made training, policies and operational advice to help IFMs run compliant and efficient businesses.

Leading Management Companies & AIFMs Team

Our involvement in CSSF, ALFI, ALCO, ILA and LPEA committees ensures we are plugged into the regulatory developments shaping the industry.

Our clients

Our clients include management companies and AIFMs and sponsors seeking to provide these services.

We support clients through initial project setup, authorisation and ongoing legal and regulatory advice throughout the life of the IFM.

Our services

Our legal services range from assisting sponsors with their project to establish an investment fund manager (IFM) in Luxembourg, to ongoing legal and regulatory advice throughout the life of the IFM.

In the initial phase:

Identifying the key initial elements to be taken into account when defining the project

Drafting legal documentation

Advising on operational needs, human resourcing, IT requirements and employment issues

Submitting applications to the regulator, supporting discussions and securing authorisation

Once in existence

Once the IFM is established, we provide ongoing guidance on running the business and responding to legal and regulatory developments. Services include:

Dedicated and tailor-made practical training on all aspects of the IFM’s activities (e.g. governance, board responsibilities, AML/CFT obligations, MiFID obligations)

Reviewing existing policies and procedures to enhance the internal framework or render them compliant with the latest legal and regulatory requirements

Defining acceptable outsourcing (human, technical, IT or cloud support) and filing the relevant documents and applications/notifications with the CSSF where required

Advising on marketing matters

Advising on communicating with the CSSF on ongoing business and responding to specific requests from the regulator

Preparing clients for on-site inspections by the CSSF (including organisation of mock meetings) and assistance during on-site and off-site inspections, including drafting responses to observation letters or information request letters from the CSSF

Assisting in completing questionnaires from the CSSF (teleworking, side letters, costs and charges) and updating related required policies/procedures

Assisting investment fund managers with discussions they may have with internal and external auditors

Latest insights & Work Highlights

Regulatory updates and representative mandates from our management companies and AIFM practice.

Luxembourg Carried Interest Taxation: Key Takeaways of the Proposed New Regime — Posted 28.07.2025

DORA (Digital Operational Resilience Act) — Updated 22.07.2025

Newly published Circular CSSF 25/894 repeals Circular 15/612 — Posted 01.07.2025

We support sponsors and IFMs from authorisation to growth and operational resilience.

TESTIMONIALS

What Others Say About Us

Recognition from clients and leading directories.

"
The team displays a very pragmatic approach, is flexible and adjusts to clients needs.

Client testimonial

Client

"
The team works highly professionally and proactively, providing valuable guidance on complex legal matters.

Client testimonial

Client

Industry Recognition

Legal 500 2025 - Investment Funds

"For us, Etude Breininger is the go-to law firm for complex fund matters in Luxembourg and we feel it is best placed to assist us when delicate or complex issues arise."

Chambers Global 2024 - Investment Funds

"I found the lawyers to be extremely knowledgeable, commercial and very well plugged in."

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Need Management Companies & AIFMs Advice?

Contact our team for authorisation, compliance, training and operational support for management companies and AIFMs.