Press release

EY Luxembourg confirms its position of market leading Private Equity firm in Luxembourg

Luxembourg, 22 March 2013

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Further to the announcement in October 2012 of EY Luxembourg winning the InterContinental Finance Magazine Award of “Private Equity Advisory Firm of the Year in Luxembourg”, the firm is proud to reaffirm its position in 2013 as it has just been named by Intercontinental Finance magazine (during their End of Year Country awards) as the “Best Private Equity Fund Auditor in Luxembourg”, and respectively by Finance Monthly Magazine and Dealmakers as the “Private Equity Advisory Firm of the Year 2013”. These highly regarded awards  add proof to EY’s leading position in the Private Equity market in Luxembourg.

With a specialized practice of over 150 professionals fully dedicated to Private Equity, EY Luxembourg provides audit, advisory, tax, transactions and valuation services to the world’s leading Private Equity houses, to small and medium sized Private Equity players as well as to local administrators and depositaries active in the Private Equity sector. EY Luxembourg is one of the leading local transaction tax experts and has advised on the set-up of all types of Private Equity fund structures in Luxembourg. It has the highest market share  with regards to the audit of Luxembourg Private Equity structures; with for example more than 51% of all SICARs by volume.

EY Luxembourg’s Private Equity advisory team for local administrators and custodians is unique in the market and has led significant Private Equity advisory engagements in the local market and abroad. In the specific context of the AIFM Directive for example, its advisory professionals assist Private Equity houses, custodians and administrators in strategic as well as operational reviews of their business platform with a view to aligning their organization, products and distributions.

EY Luxembourg actively supports the Private Equity industry both in Luxembourg and abroad.  It is a key supporter and founding member of the LPEA, which represents and promotes Private Equity and Venture Capital locally as well as globally. EY is also a member of the AIFM Directive working committee of the European Private Equity and Venture Capital Association (EVCA), Brussels.

The EY Luxembourg Private Equity Practice was set up in 2004 under the leadership of Alain Kinsch, today Managing Partner of the Luxembourg office and EMEIA* Private Equity Fund Leader. As of 1 July 2012, Alain handed over the leadership of the Luxembourg Private Equity practice to Olivier Coekelbergs, also EMEIA Private Equity Fund AIFM Directive solution leader.

“These awards are the result of a long-standing experience, our exclusive dedication to and our passion for Private Equity that make the difference of working with EY. The Luxembourg Private Equity practice looks forward to further working with service providers and Private Equity houses, locally and abroad”, comments Olivier Coekelbergs, Head of Private Equity at EY Luxembourg.