First ‘Raif’ launches in Luxembourg

The first ever ‘Raif’ has been listed on the Luxembourg Stock Exchange, after being created by Luxembourg-based asset management firm Finexis.

The firm’s Reserved Alternative Investment Fund has been listed on the Euro MTF market, the Luxembourg stock exchange’s multilateral trading platform. 

The fund has two sub-funds: renewable energy and multi-asset strategy.

Raifs are a new type of investment vehicle, combining the characteristics and structures of specialised investment funds.

The first Raif platform was announced in October 2016.

Maciej Waloszyk, managing director for business development at Finexis, said: “Not only were we the first to list such a product in Luxembourg, but we have also set the market standard and procedures required for the listing of a completely new type of investment fund”.

©2017 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

The tension between urgency and inaction will continue to influence sustainability discussions in 2024, as reflected in the trends report from S&P Global.
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

LATEST SURVEY

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST