Luxembourg - The Luxembourg Parliament amends the RAIF Law and certain other fund laws

On 11 July 2019, the Luxembourg Parliament voted on first constitutional vote a law (“the Law”) amending (inter alia) the Luxembourg law on reserved alternative investment funds (“RAIF”). The Law clarifies that RAIFs taking the form of a Luxembourg fonds commun de placement (“FCP”) may have as their legal representative any management company authorised under either chapters 15, 16 or 18 of the Luxembourg law of 17 December 2010 on undertakings for collective investment. As such, so-called “Sup