Who we work with
We take on a limited number of partners, and only where we can add value beyond the licence.
Managers without a licence
You have the strategy and the track record. We provide the regulated vehicle so you can raise without building a ManCo first.
Family offices
Turning an in-house portfolio into a fund structure, for co-investors, succession or simply cleaner governance.
Corporates
Raising third-party capital alongside your own balance sheet, in a structure investors already understand.
International sponsors
Entering Europe from outside it, with one EU authorisation that allows the fund to be marketed to professional investors across the EU under the AIFMD passport.
What we take on
We assume full AIFM responsibility, from the first structuring question through to the ongoing management of the fund.
Strategy development, deal review, investment analysis and continuous monitoring. We challenge deal pipelines, business plans and financial models rather than wave them through.
Independent identification, measurement and monitoring of market, credit, liquidity and operational risk, with stress tests, limit monitoring and clear escalation to fund bodies.
Advice on the right legal form, coordination of legal and tax advisers in Luxembourg and the DACH region, RETT optimisation for German structures, and project management through to go-live.
AIFMD, AML and SFDR implementation, delegation oversight of advisers, administrators and servicers, pre-marketing and marketing notifications, and active participation in board meetings and CSSF contacts.
NAV coordination with external administrators, investor reporting including performance, risk and ESG, regulatory filings under AIFMD Annex IV, CSSF reporting and FATCA/CRS, in digital data rooms.
Business plan integration, cash flow control, performance and risk analysis, a standardised KPI framework, valuation support, audit coordination and a tailored substance solution.
Structures
RAIF, SCSp, SICAV, SIF and SICAR. Scalable set-ups from €5m to €500m, from de minimis to fully licensed AIFM, including three management companies for parallel RAIF structuring.
Licensed asset classes
Real estate, private equity, fixed income including private debt, carbon credit, infrastructure and fund of funds - six licensed asset classes on one platform.
Sustainability
Funds can be launched as Article 8 or Article 9 products under the SFDR, with sustainability risks integrated into investment, risk and reporting processes.
ON THE PLATFORM
Strategies we manage
Strategies we currently manage for sponsors on our platform, each in its own vehicle with its own investment case.
STRUCTURES
Three ways into a Luxembourg structure
None of the three requires product-level approval by the CSSF. Which one fits depends on the mandate, the investor base and how fast the capital has to be in place.
White-label sub-fund
The fastest and most cost-efficient route, or a strategy tested before going standalone.
Your brand, your investors, on our existing platform and service providers.
Single-asset SCSp
A single asset, a co-investment vehicle, a club deal or a first-time fund.
Tax transparent, no minimum capital, no risk-spreading requirement.
Multi-compartment RAIF
A platform that will hold several strategies or geographies over time.
Ring-fenced compartments, added by amendment rather than by a new vehicle.
*Provided the client meets its obligations on time.
Our white paper sets out all three in detail, including the tax, capital and documentation requirements of each. Read the white paper
From mandate to launch
30-60 days, provided the client meets its obligations on time
Strategy and structuring
We go through your investment strategy and investor base in detail and propose the fund and legal structure that fits, together with the governance and service provider set-up.
Set-up and go-live
We coordinate the legal, tax, regulatory and service provider workstreams and run the project, including the fund's authorisation and the risk and reporting frameworks.
Running and developing
After go-live we take on portfolio and risk management. Regular reviews open up optimisations and extensions - further vehicles, additional strategies or new jurisdictions.
Why clients choose this platform
A partner, not an administrator
We underwrite on our own platform, so a business plan is tested the way an LP or lender will test it.
A seat at the table
Three regulated management companies and a regulated German branch. Our Chapter 16 model gives a partner real board seats in its own management company rather than a service contract.
Senior access throughout
Director or C-level people from the first conversation to the end of the mandate. No multi-tier hand-offs.
Transparent pricing
A set-up fee, a fixed base fee and an AuM-linked component, with a minimum fee per mandate, all agreed up front. No hourly billing.
Multilingual in-house
Business conducted natively in English, German and French, so investors, sponsors and advisers deal with us in their language of choice.
A clean record
Unqualified audit opinions on every fund from incorporation through to liquidation. No CSSF sanction, no NAV restatement and no missed NAV cycle to date.
Independent valuation
A dedicated Conducting Officer for Valuation and a Valuation Committee, independent of portfolio management.
The same process for every fund
Risk management and compliance are functionally and hierarchically independent of portfolio management and apply the same process to every fund, whether initiated by the Cresvia group or by a third-party sponsor. Conflicts of interest are identified, managed and recorded under the Company’s Conflict of Interest Policy.
Test the market first
As an EU-authorised manager we can pre-market a planned fund to professional investors across the EU before it is launched.
What clients tell us about their previous AIFM
WHAT CLIENTS EXPERIENCE ELSEWHERE
THE CRESVIA ANSWER
Senior attention during the pitch gives way to an overloaded junior team.
Senior continuity for the life of the mandate, not just the pitch.
Generic, one-size-fits-all service with no real asset or structuring expertise.
A manager chosen for fit, bringing underwriting, fundraising and portfolio management experience in the asset class.
Standard reporting templates, whatever the investor base.
A reporting package and frequency tailored to each client and investor base.
Poor handover from the previous provider: missing minutes, disorganised data rooms.
A defined transition process with a named transition lead.
Hidden costs, billed outside scope or by the hour.
A fixed migration fee and a transparent fee model agreed up front.
Smaller mandates deprioritised, frequent turnover of contacts.
A binding transition timeline and a dedicated senior contact on every mandate we take on.
Why Luxembourg
Europe’s financial hub for investment funds: the largest fund domicile in Europe and the second largest worldwide, with the depositaries, administrators, auditors and advisers that a fund needs in one place.
One CSSF authorisation allows a fund to be marketed to professional investors across the EU and EEA under the AIFMD passport, following a notification for each fund and each member state.
The broadest fund toolbox in Europe, so the structure fits the asset class and the investor base rather than the other way round.
An AAA-rated jurisdiction with 80+ double-tax treaties, a fund-specialised ecosystem, and business conducted natively in German, French and English.
Let's talk about your fund
Whether you are raising your first vehicle or moving an existing one to Luxembourg, the first conversation is at director or C-level, not with a sales desk.
Start a conversationIMPORTANT INFORMATION
This page describes the services of Cresvia Capital Fund Management S.A. (“CCFM”) as external alternative investment fund manager, an activity authorised and supervised by the CSSF. It is intended for general partners, sponsors and corporates, is for information only, and is not an offer or solicitation of interests in any fund, nor investment, legal or tax advice. For funds sponsored by third parties, the general partner sets the investment strategy and is responsible for promoting and offering the fund. CCFM’s appointment as AIFM does not mean that CCFM endorses a fund’s strategy or recommends an investment in it.