BY: OLIVIER RODESCH

The new Luxembourg Law on Risk Capital Investment Company introduces a new form of investment vehicle under the name of Société d’Investissement en Capital à Risque (SICAR), which is not to be used for investments in risk capital. The object of a SICAR is to invest its assets in securities representing risk capital. Investment in risk capital is to be understood as the direct or indirect contribution of assets to entities in view of their launch, their development or their listing on a stock exchange.

See attached PDF document for full text of this article.

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