Special Limited Partnership (SLP) as an Alternative Investment Fund

The SLP (SCSp) can be setup as an Unregulated Alternative Investment Fund under the AIFMD

The Special Limited Partnership is a form of companies which can be incorporated in Luxembourg by one General Partner (GP) and one Limited Partner (LP - investor).

It can be set up within a few weeks.
No prior regulatory approval.
Unregulated Alternative Investment Fund under the AIFMD.
Its manager should be regulated only when its AUM is over > 100 Mio (500 Mio for closed-end funds).
The SLP can invest in any type of assets: equities, participations, bonds, loans, hedge fund strategies, liquid or illiquid instruments, real estate, private equity, crypto, green/ESG, collectibles, FX, Commidities, etc.
No depository bank required
No audit required.
ISIN code allocated to the shares issued by the SLP
Fully Tax transparent – fully tax exempt in Luxembourg – No VAT.
Clearing and settlement of subscriptions with Euroclear - Fundsettle.
light setup and running costs

The SLP is a flexible and fast solution for Alternative investment strategies.

Please find out more information about the SLP on our dedicated website:
special-limited-partnership.com

Creatrust services include:

Fund setup and incorporation
Tax and legal opinion
Structuring
Clearing with Fundsettle
Fund Administration services
N.A.V Calculation
AML/KYC and reporting
Access to our platform FundNav.lu

UCITS

Different kinds of fund structures in Luxembourg Fund law

Luxembourg offers a range of structures to enable undertakings for collective investment (UCI), which are subject to different levels of regulation. The choice of structure is generally driven by the investment policy and the distribution strategy of the fund.

There are two main categories of UCI:

undertakings for collective investment in transferable securities (UCITS), which comply with the European Directive on that subject;
alternative investment funds, which cover all other types of fund including hedge funds, real estate investment funds, and venture capital and private equity funds.

Three legal structures are available:

the common investment fund (Fonds commun de placement - FCP), which has no legal personality and which must be managed by a fund management company;
the investment company with variable capital (Société d’Investissement à Capital variable - SICAV), where the capital varies in response to subscriptions and redemptions made by investors;
the investment company with fixed capital (Société d’investissement à capital fixe - SICAF).

The SICAV and the SICAF may be self-managed or a fund management company may be appointed.

All these structures can be set up as stand alone funds, with single investment portfolios, or they can be structured as multiple compartment funds (also known as "umbrella funds") which create separate sub-funds (compartments) under the roof of a single legal entity. These sub-funds function as independent entities, each with its own investment policy, target distribution market and investor profile.

Each fund or sub-fund can, in turn, issue different classes of shares which vary, for instance, in the type and level of commissions. Thus enabling particular shares or units to be tailored to the needs of a specific market or clientele (institutional or private).

UCITS funds must be set up in accordance with the rules prescribed by the European Union and may only invest in certain investment classes. UCITS funds can be purchased by investors in any European country where they are authorised for sale, and in a number of countries in other regions or on other continents where they are permitted, such as certain Asian countries.

Talk to an expert

Speak to our in-house experts for trusted unbiased advice about the incorporation and admin of funds

Talk to an expert

Speak to our in-house experts for trusted unbiased advice about the incorporation and admin of funds

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Special Limited Partnership - AIFM

The SLP (SCSp) can be setup as an Unregulated Alternative Investment Fund under the AIFMD

UCITS

Different kinds of fund structures in Luxembourg Fund law

Investment Funds Platform

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Alternative Investment Funds

Venture Capital & Private Equity

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Step 1.

Is your request about one of the following services:

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Step 3.

Size of the SPV / investment

Size of the Fund / SPV

Size of the SPV / issuance

Size of the SPV

Step 4.

Investor(s)

Step 5.

Submit your details

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Special Limited Partnership - AIFM

The SLP (SCSp) can be setup as an Unregulated Alternative Investment Fund under the AIFMD

UCITS

Different kinds of fund structures in Luxembourg Fund law

Investment Funds Platform

Hedge Funds

Alternative Investment Funds

Venture Capital & Private Equity

Corporate Finace & Fund Solutions

Securitisation Vehicle and Security Issuance

Art collection securitisation

Structured Products Issuance

Fund Services

Fund Domiciliation and Administration

Contact Us

Step 1.

Is your request about one of the following services:

Step 2.

Step 3.

Size of the SPV / investment

Size of the Fund / SPV

Size of the SPV / issuance

Size of the SPV

Step 4.

Investor(s)

Step 5.

Submit your details