October 2008
New SICAR legislation now in force go ahead for multiple compartments
Luxembourg Law voted on October 15, 2008 (adopting bill 5842) amends the law on SICAR (société d’investissement en capital à risque, i.e. investment company in risk capital) dated June 15, 2004 and introduces a number of improvements to the SICAR regime capitalising on the experience gained since its launch. To date, over 200 registered SICARs have been launched in Luxembourg so far.
By François Pfister.
By François Pfister.
