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Fund Operations
luxembourg europe banks

European GPs with entities in Luxemburg: What European banks do you recommend?

Asked by:
Community Member
1
0
Oct 17, 2023

I'm being advised to consider Bank Frick (based in Liechtenstein) but I am wondering what the banks in Europe you're banking with are, if you're a European GP with your entities set up in Luxemburg. Thank you!

Top answer:

It's difficult to answer this question without more context on the fund strategy, however  HSBC could be an option here. 

 -  Mike Suprovici
1
1
Venture Legal
sweden luxembourg netherlands europe fund domicle

What are the considerations when it comes to deciding where the venture fund should domicile in?

Asked by:
Community Member
1
0
Jul 20, 2023

This is specific to Europe. Which country is best to setup the fund. What key considerations exist before choosing a country of fund domicile. Taxation, access to LP's, setup costs, deals availability, conducive startup policy etc.. 

Top answer:

Europe, in general, is not a good place to setup a fund. As a result, most new managers in the region setup their funds in Delaware and you can learn more information on this topic here. 

 -  Mike Suprovici
1