The 'commercially focused' team at Arendt & Medernach has 'an excellent understanding of market practice as well as local regulation and CSSF expectations', ensuring that it is a very popular choice among fund managers on their structuring and regulatory requirements. Although retail funds (including UCITS) continue to inform a significant proportion of its workflow, the team is also adept at advising across a range of alternative strategies, including as these relate to private debt and private equity. Here, the firm has been at the vanguard of developments in the market, which has seen it very well-placed to generate work from clients on newer structures including "Evergreen Funds", as well as the continued push towards impact investing. 'Exceptional' team head Gilles Dusemon has been pivotal to the firm's success at driving change in the alternative space and has developed an excellent sense of "what is market", not only through his fee-earning work but also as a result of his role as co-chairman of the Association of the Luxembourg Fund Industry's Private Equity and Venture Capital Working Group. The 'dynamic, intelligent and creative' Adrian Aldinger is also very well regarded in the alternative space, particularly for the structuring of private equity and debt funds. Florence Stainier has an 'excellent knowledge of Luxembourg regulation, practice and regulator expectations' and is one of the driving forces behind the firm's market-leading UCITS offering. Other key practitioners include Michèle Eisenhuth, who covers a mix of UCITS and alternatives; Isabelle Lebbe, who is an expert at advising on ESG-related matters and on disputes in the sector; Stefan Staedter, the 'go-to-person for ELTIF matters'; Nicolas Bouveret, who is 'very knowledgeable on all things private debt'; 'seasoned veteran' Francis Kass; and firm co-chair Claude Niedner.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Intimate knowledge of our structures and the Luxembourg landscape across tax, finance and funds.’

  • ‘I work closely with the investment funds practice at Arendt & Medernach and find them very helpful and responsive as well as having a strong relationship with the Luxembourg regulator. The team are commercially focused and have an excellent understanding of market practice as well as local regulation and CSSF expectations.'

  • ‘A very professional and highly skilled way of working combining a very down-to-earth and nice personality of the whole team.'

  • ‘Arendt is excellent in the regulatory field and in their knowledge of both the legal technicalities and market practices in the investment fund arena. With Arendt I know that I am in safe hands in what is a foreign jurisdiction to me, and in what is from a regulatory perspective a potential minefield.'

  • ‘The outstanding Grégory Beltrame is very knowledgeable both about the law and about the fund industry. His advice is highly practical and efficient, and he is fully on the ball when it comes to co-ordinating the required services and his team.'

  • 'Francis Kass could be the most seasoned veteran on Luxembourg fund-management law out there. Even for the most complex documentation matters, he 1) already has learned (and remembers) all details of the complicated structure of our Master Fund, and 2) can quickly find a method to satisfy our goals (if at all possible) or instantly informs us it’s not possible.’

  • 'Gilles Dusemon is exceptional.’

  • 'Florence Stainier is a great partner for our business. She has an excellent knowledge of Luxembourg regulation, practice and regulator expectations and of how to apply these in a commercial manner.'

Key clients

  • Amundi
  • Generali Group
  • Goldman Sachs International
  • Lumyna Funds
  • Milestone Capital Partners
  • Morgan Stanley
  • Neuberger Berman
  • Nordea
  • Partners Group AG
  • Schroders

Work highlights

  • Advised Morgan Stanley Investment Management Ltd on its acquisition of Eaton Vance and its affiliated companies (Calvert and Parametric) and following merger of UCITS platforms.
  • Advised Permira Advisers on the formation of Permira VIII, its latest flagship global buyout fund.  
  • Advised Capital Four, a leading credit asset management boutique headquartered in Copenhagen, on the launch of its new investment platform in Luxembourg.

Lawyers

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Next Generation Partners
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Practice head

The lawyer(s) leading their teams.

Gilles Dusemon

Other key lawyers

Florence Stainier, Adrian Aldinger, Claude Niedner, Gilles Dusemon, Isabelle Lebbe, Michèle Eisenhuth, Henning Schwab, Pierre Beissel, Yves Lacroix, Francis Kass, Nicolas Bouveret, Corinne Prinz, Gregory Beltrame, Carl de La Chapelle, Piotr Giemza-Popowski, Michael Jonas, Stefan Staedter, Fiona de Watazzi