VP Fund Solutions: safely ahead in the fund business
Vaduz, 30 May 2017 - Luxembourg RAIFs are one of today’s most popular investment fund vehicles. Ralf Konrad has been elected to the Executive Committee of the Liechtenstein Investment Fund Association.
The law governing the Luxembourg “Reserved Alternative Investment Fund” (RAIF) was enacted by the Parliament of the Grand Duchy in July 2016 and since then has achieved triumph after triumph in the fund industry, with almost 100 successful launches to date. As a result, investors now have at their disposal yet another outstanding, highly versatile investment fund vehicle.
With the RAIF, Luxembourg has solidified its leading position in the international rivalry amongst fund domiciles. VP Fund Solutions, a subsidiary of VP Bank (Luxembourg) SA, is a preferred partner for professional, holistic fund solutions and has been present in the Grand Duchy since 1998. Eduard von Kymmel, CEO of VP Fund Solutions (Luxembourg) SA, is convinced by the RAIF success story: “We’ve witnessed tremendous interest from the widest array of fund initiators in all four corners of the world. The launch of numerous RAIFs within the space of just 10 months attests to this strong demand”.
VP Fund Solutions (Liechtenstein) AG was established in 1999 and is a wholly owned subsidiary of VP Bank Ltd. Ralf Konrad, Head of VP Fund Solutions (Liechtenstein) AG, was elected in May 2017 to the Executive Committee of the Liechtenstein Investment Fund Association (LAFV) in conjunction with that organisation’s annual general meeting. The LAFV is the official advocate of the Liechtenstein investment fund industry and fosters the development of the Principality as a major player in the fund business.
VP Fund Solutions is VP Bank Group’s fund competence centre. Further information on VP Fund Solutions can be accessed on the VP Bank website.