The Situation

Apex Partners sought to launch their third flagship fund, targeting institutional investors across the US, UAE, and EU. The complexity lay in the divergent regulatory requirements for tax transparency and AML compliance in a multi-feeder environment.

The Strategic Approach

We architected a 'Parallel Feeder' structure using a Luxembourg SCSp as the primary vehicle. This allowed for seamless integration of US LPs via a Delaware feeder while maintaining ERISA compliance and maximizing tax treaty benefits.

The Structural Impact

The fund achieved its hard-cap within 6 months, becoming one of the most structurally efficient deep-tech vehicles in Europe.