Venture Capital

Venture Capital, a crucial segment of the alternative investment landscape, is projected to reach $3.8 trillion in assets under management by 2028*. Biotechnology continues to lead the way, followed by software and the internet. Although the total value of VC exits has declined since 2023, a rebound is anticipated in Q2 2024. This growth, particularly in North America and Europe, highlights the rising significance and potential of venture capital in the evolving investment environment.

*Preqin data

Luxembourg VC AuM

Luxembourg Venture Capital AuM (EUR bn)

Note: Data excludes funds of funds and secondaries - Source: PwC Global AWM and ESG Research Centre, Preqin, EFAMA

Challenges

Selecting the appropriate fund structure (e.g., SICAV, RAIF, SCSp…) for your investors, your operational needs, and costs efficiency.

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Establishing a robust operational framework including setting up offices and your AIFM, selecting service providers, hiring staff, and integrating technology. At PwC, we also provide fund administration and transfer agent services.

Properly structuring deals to optimise returns and manage risks through thorough due diligences, tax structuring, and financial planning.

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Effectively marketing and distributing your funds across Europe by understanding local regulations, investor preferences, and leveraging distribution networks.

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Navigating VC valuations can be intricate. At PwC, we guide you seamlessly through the entire valuation process.

Tokenising carried interest, loans, or other financial instruments requires meticulous attention to detail to avoid pitfalls. At PwC, we expertly guide you through this process.

Who we are

Venture Capital client & market core group

Venture Capital client & market core group

We are more than 150 experts working for the Venture Capital Industry.

Contacts:

  • For Audit: Brieuc Malherbe, Audit Partner, Clients & Markets Venture Capital Leader, PwC Luxembourg
  • For Valuation: Talat Kadret, Audit Partner, Alternatives, PwC Luxembourg
  • For Tax: Marc Meurant, Tax Partner, PwC Luxembourg
  • For Managed Services: Julie Chaidron, Tax Partner, PwC Regulated Solutions S.à r.l.

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Contact us

René Paulussen

Alternatives Leader, PwC Luxembourg

Tel: +352 621 332 385

Karim Bara

Alternatives Clients & Markets Co-Leader, PwC Luxembourg

Tel: +352 621 333 463

Brieuc Malherbe

Audit Partner, Clients & Markets Venture Capital Leader, PwC Luxembourg

Tel: +352 49 48 48 2172

Thierry Braem

Alternatives Tax Leader, PwC Luxembourg

Tel: +352 621 335 106

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