English and Luxembourg Venture Capital Funds: Key Features

This practice note provides an overview of the basic structure of a typical venture capital fund, highlights some differences between English and Luxembourg venture capital funds and outlines some of the UK and Luxembourg issues involved in forming and marketing a venture capital fund.  It also addresses certain aspects of Scottish limited partnerships, however the laws that govern limited partnerships formed under the laws of the British Virgin Islands, the Cayman Islands, Guernsey or Jersey fall outside the scope of this note.

This practice note appeared in Thomson Reuters Practical Law Note, English and Luxembourg venture capital funds: key features published by Thomson Reuters and co-authored with DLA Piper in October 2020.