Thought Leadership
Selected alternative investment governance articles, essays, and other publications authored or co-authored by Keith Burman on Luxembourg’s fund sector. He sheds light on challenges and solutions across AIFs, real estate funds, private equity, and more.
Unregulated doesn’t mean unsupervised. Luxembourg’s unregulated AIFs face the same governance expectations as regulated funds—but how does oversight actually work? Discover the indirect supervision mechanisms, compliance obligations, and professional responsibilities that ensure robust governance across all fund types.
When macro trends collide with fund realities, are your governance frameworks ready? Find out how 70 directors stress-tested their funds against 2025’s tightening monetary policy and geopolitical volatility — from real-estate liquidations to continuation funds and AIFMD II liquidity tools.
Why did Luxembourg capture €9.3bn in real estate fund inflows — nearly double Germany’s? Explore the regulatory advantages that made Luxembourg Europe’s preferred hub for institutional real estate investment, from legal innovations mimicking common law partnerships to streamlined RAIF structures.
Luxembourg’s real estate funds are on track to smash growth records — but can supply keep pace with demand? See how regulatory innovation, Brexit ripples, and a shift towards open-ended core funds are reshaping Europe’s €69bn REIF landscape, even as valuation concerns loom.
Brexit transformed Luxembourg into Europe’s private equity powerhouse — but is over-regulation killing the boom? Find out why industry leaders are asking “where’s the proof of market failure?” as RAIF approvals streamline and ESMA’s delegation crackdown tightens its grip.
Does your fund’s domicile really matter for governance? Learn why global governance principles now trump local variations — and what “not fit and proper” declarations mean for directors worldwide, from AIFMD’s European shake-up to career-ending court judgements in Cayman and Gibraltar.