International law firm CMS has advised Eurazeo, the French leading global investment group, on the set-up and launch of Eurazeo European Real Estate II ELTIF Private Fund, a Luxembourg fund structured as a SCSp SICAV-SIF.
After having successfully marketed its first investment funds open to individual investors, Eurazeo has decided to move forward with this strategy. The main objectives of this new vehicle are to finance companies that own and operate their own real estate assets, to support them in their improvement and growth program, and to carry out high value-added real estate transactions in Europe.
The Eurazeo European Real Estate II ELTIF Private Fund holds the ELTIF (European Long-Term Investment Fund) label, consequently, it can be marketed with a passport to retail investors throughout the European Economic Area, as well as to institutional investors.
Eurazeo was advised by members of the CMS’ France-Luxembourg Funds team, comprising Aurélien Hollard (Partner, Luxembourg), Jérôme Sutour (Partner, Paris), Julia Bruzzese (Counsel, Luxembourg) and Harrison Dans (Senior Associate, Luxembourg) for the funds structuring and regulatory aspects and Frédéric Feyten (Partner, Luxembourg), Christophe Vezinhet (Partner, Paris), and Pauline Mosset (lawyer, Paris) for the tax aspects.
