Illustrative annual report for reserved alternative investment funds (RAIFs)

Anticipating the significant growth and ever-increasing importance of alternative investments as an asset class — the most recent data shows that Luxembourg saw a 17% increase in private equity fund assets under management and a 25% increase in loan funds between 2018 and 2019 — Luxembourg took the opportunity to add a number of supervised only investment vehicles to its already widely successful range of regulated investment vehicles. The reserved alternative investment fund (RAIF) regime, in particular, has reinforced the country’s attractiveness as a domicile for the establishment of alternative investment funds (AIFs) in general.

This publication aims to support the investment management community in navigating through the various reporting requirements for the preparation of annual reports for RAIFs. Its purpose is to assist you in preparing these reports under Luxembourg generally accepted accounting principles (GAAP), based on the Luxembourg legal and regulatory requirements in force as at 31 March 2020.

• Private equity houses
• Real estate managers

• RAIFs: overview
• RAIFs: the essentials
• RAIFs: financial reporting requirements
• Illustrative annual report

You can let us know how we can improve our illustrative annual report to make it even more useful to private equity houses by submitting your feedback here.