Luxembourg RAIF (SCSP) Fund Setup

It is a Reserved Alternative Investment Fund structured as a Special Limited Partnership (Société en Commandite Spéciale), providing a highly flexible and fast-to-market European alternative investment vehicle.

No. A RAIF is not directly supervised or authorized by the CSSF, which drastically reduces launch timelines. However, it must legally appoint an authorized AIFM to ensure indirect regulatory compliance under the AIFM Directive.

Once all constitutional and onboarding documentation is prepared, the core fund setup process takes approximately 5 to 7 business days.

The fund must formally appoint a regulated Alternative Investment Fund Manager (AIFM), a local depositary for asset safekeeping, an independent auditor, and central administrative agents.