Eligible Investors (SIF) - #279-268*

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As previously discussed the specialised investment fund (the “SIF”) is reserved to well-informed investors. Well-informed investors are:

  • institutional investors;

  • professional investors; or 

  • any other investors who meets the following conditions:

  • she/he has confirmed in writing that he adheres to the status of a well-informed investor; and

  • she/he invests a minimum of EUR 125,000 in the SIF; or

  • she/he has been assessed by: 

  • a credit institution;

  • an investment firm;

  • a management company;

certifying her/his 

      • expertise, 

      • experience; and 

      • knowledge,

in adequately appraising an investment in the SIF.

The last category is frequently used by high-net-worth individuals (HNWI).

These conditions are not applicable to directors or other persons who intervene in the management of the SIF.

References: Article 2(1) & (2) of the amended law on SIF of 13 February 2007; Specialised Investment Fund (SIF), September 25, 2020, Bertrand Mariaux.

Contributor: Cédric Buisine, Avocat

*Podcast #279:

Eligible Investors (SIF) #279-268* *Article #279-268 *Podcast #279 *YouTube Video 268| . . . . . . . .

*YouTube Video 268|: 

Bertrand Mariaux, Avocat à la Cour, LL.M. (hons.)

Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)