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Luxembourg has a long history as one of the most attractive places for structuring international Private Equity transactions. More recently, Luxembourg has also emerged as a place of choice for international Private Equity houses to structure and operate Private Equity funds. Over the past years more than three hundred Private Equity and Venture Capital funds have been incorporated as SICARs and SIFs and several thousands of Luxembourg non-regulated vehicles are used by Private Equity houses to structure their European acquisitions.
Many of the world's leading Private Equity houses have established sizable operations in Luxembourg. Service providers to the Private Equity industry such as banks, fund administrators, lawyers and accountants have set up specialized Private Equity teams. The Luxembourg Government has recognized the importance of Private Equity and Venture Capital as a source for diversification of the financial center and the economy at large.
With such a strong development over the past years, it was time for Luxembourg to establish its dedicated industry association for Private Equity and Venture Capital.
On February 1, 2010, the LPEA was created and counts today 71 Private Equity houses and professional services organizations among its members.
We are looking forward to working with our member base to continuously shape and improve the environment for the industry in Luxembourg.
The Executive Committee |
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