Luxembourg  /  Investment Vehicles

Luxembourg investment vehicles.

The full range of Luxembourg structures — from SOPARFI holding platforms to SCSp partnerships and regulated funds — used by private equity, corporate groups and institutional investors.

At a glance
5 vehiclesSOPARFI, SCSp, SIF, RAIF, SICAR
CSSFRegulator for supervised funds
KirchbergLuxembourg City fund district
01

Luxembourg as a European investment hub

Luxembourg is one of the largest centres for international investment funds in Europe, hosting thousands of structures used by global asset managers and institutional investors. Investment vehicles operate under several legal frameworks, including the Law of 10 August 1915 on commercial companies and specialised fund legislation.

Companies and vehicles are registered with the Registre de Commerce et des Sociétés (RCS Luxembourg), with filings managed through the Luxembourg Business Registers (LBR). Financial activities are supervised by the Commission de Surveillance du Secteur Financier (CSSF).

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Comparison of Luxembourg vehicles

StructureLegal formRegulatory statusTypical useTypical investors
SOPARFICommercial company (S.à r.l. / S.A.)Not regulated as a fundHolding platform for corporate investments and subsidiariesMultinational groups, private investors
SCSpSpecial limited partnershipGenerally unregulatedPrivate equity and alternative investment fundsPE sponsors, institutional investors
SIFSpecialised Investment FundRegulated by CSSFDiversified funds for professional investorsInstitutional investors, asset managers
RAIFReserved Alternative Investment FundIndirect, via authorised AIFMAlternative funds with a flexible structurePrivate equity funds, hedge funds
SICARInvestment company in risk capitalRegulated by CSSFVenture capital and private equity investmentsProfessional investors

Commercial holding companies such as SOPARFI are frequently used by multinational groups, while specialised structures such as SCSp, RAIF and SIF are commonly used by private equity sponsors and investment managers. Regulated funds fall under CSSF supervision.

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Go deeper

Regulated funds

Investment funds: RAIF, SIF, SICAR

Full comparison of the three Luxembourg fund regimes, the fund ecosystem and AIFMD requirements.

Read the funds guide →
Deal vehicles

Investment SPV

Special purpose vehicles for acquisitions, joint ventures and ring-fenced project investments.

Read the SPV guide →
04

Investment funds framework

Luxembourg has one of Europe’s most sophisticated frameworks for investment funds and alternative structures, operating under specialised legislation including the Law of 13 February 2007 (SIF) and the Law of 23 July 2016 (RAIF). Regulated funds fall under CSSF supervision, with much of the industry concentrated in the Kirchberg district of Luxembourg City — making Luxembourg a leading domicile for cross-border funds distributed across Europe.

05

Private equity & alternative structures

International sponsors frequently establish Luxembourg entities to manage portfolio companies across Europe and beyond. Common structures include SCSp (Société en commandite spéciale) partnerships used by private equity funds and RAIF structures managed by authorised AIFMs — allowing managers to organise capital commitments, coordinate acquisitions and manage portfolio companies within a single legal framework.

Our services

01

Investment structure design

Structuring platforms using Luxembourg vehicles such as SOPARFI or SCSp.

02

Holding company formation

Incorporation of Luxembourg S.à r.l. and S.A. structures.

03

Investment SPV structuring

Special purpose vehicles for acquisitions and investment projects.

04

Cross-border ownership

Ownership platforms across Luxembourg and other jurisdictions such as the Netherlands.

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Corporate governance setup

Directors, governance framework and corporate documentation.

06

Regulatory coordination

Coordination with Luxembourg advisers, administrators and authorities.

Luxembourg cluster

Explore the Luxembourg practice.

Every page in our Luxembourg jurisdiction cluster — holding structures, formation, tax, substance, investment vehicles and comparisons.

European structuring jurisdictions

Luxembourg

European hub for holding companies and investment structures used by international groups and funds.

Explore Luxembourg →

Netherlands

Leading jurisdiction for international holding companies and cross-border ownership structures.

Explore Netherlands →

Luxembourg vs Netherlands

Compared on dividend tax treatment, participation exemption and substance requirements.

Compare jurisdictions →

Choose the right Luxembourg vehicle.

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