The Luxembourg Private Equity & Venture Capital Association (LPEA) is in the East Coast of the US this month to present the Grand Duchy's latest features for investors.
A session was held for the fourth time on Wednesday morning at the NY Athletic Club in New York, attended by HRH Prince Guillaume and Luxembourg Prime Minister and Minister of the Economy, Étienne Schneider as part of their economic mission to the US. The first edition of another session will take place at Union Club in Boston on Thursday morning.
The talks will highlight Luxembourg as a leading location for private equity and venture capital with 90% of PE-VC funds domiciled in the EU. It is currently attracting a growing number of the major GPs, including 9 out of 10 of the world's biggest PE fund managers.
Luxembourg offers diversity of fund vehicles; flexible limited partnership, marketing passport providing access to European investors via AIFM management solutions; thought leadership in the proposal and implementation of new regulations and structures; and a PE-VC friendly environment & stable tax regime.
US presents a significant opportunity for the promotion of these features, remaining one of the main countries of origin of new funds in Luxembourg with investors seeking the flexibility of the new Limited Partnership and for the attribution of AIFM licenses.
The Grand Duchy holds an AAA rating and is the world's 2nd biggest financial centre after the US with AuM of €3,500 billion.
Photo by LPEA/YouTube
