Glossary · Equity & fund structure
RAIF (Reserved Alternative Investment Fund)
A Luxembourg vehicle, AIFM-managed, fast to launch and EU-passportable. Skips the CSSF product approval.
Why it matters
It has become the default European wrapper for real-asset strategies.
Related
- AIFM (Alternative Investment Fund Manager)
The regulated manager of an EU alternative investment fund under AIFMD.
- Cayman feeder
An offshore vehicle that channels LPs into a master fund, typically for tax and onboarding reasons.
- Master-feeder
A structure where multiple feeders — onshore and offshore — pool into one master fund that actually invests.
Words are easy. A match is hard.
GPX turns one deal document into a ranked, briefed shortlist of the lenders and investors that actually fit — debt and equity.