A propos de Gide
Fondé à Paris en 1920, Gide est l’un des principaux cabinets d’avocats internationaux.
International
Gide intervient dans de nombreux pays et est implanté dans six régions du monde, avec 11 bureaux.
Fondé à Paris en 1920, Gide est l’un des principaux cabinets d’avocats internationaux.
Gide intervient dans de nombreux pays et est implanté dans six régions du monde, avec 11 bureaux.
French laws and regulations relating to the asset management industry have been modernized over the past several years, partly as a result of the implementation of European Union directives including Directive 2009/65/EU (“UCITS IV”) and Directive 2011/61/EU (the “AIFMD”). Nevertheless, and although global investors have over the past decades certainly invested in French private investment funds, the perception remained that the local fund vehicle did not offer the same flexibility as competing fund vehicles in other countries, such as the limited partnership in the United States and the United Kingdom, or the new Luxembourg special limited partnership (the société en commandite spéciale).
Almost six months ago, the société de libre partenariat, most often referred to by its easier acronym, the SLP, was born. The provisions relating to the SLP were set forth in Law No. 2015-990, dated 6 August 2015. The implementing decree and the modifications to the relevant regulations have now been approved. A smooth take-off for the SLP can be expected.
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