Lenz & Staehelin assisted Investissements Fonciers SA in respect of the launch of its first L-QIF
We are pleased to announce that Lenz & Staehelin acted as legal counsel to one of the historical Swiss fund management companies, Investissements Fonciers SA, in respect of the set-up and launch of its first Limited Qualified Investor Fund ("L-QIF"), La Foncière Urban Development L-QIF, on June 19, 2026. This L-QIF invests in real estate in Switzerland with a focus during its ramp-up phase on the acquisition of investment properties and development projects in dynamic, high quality locations within economically and demographically strong urban growth areas, mainly in the German-speaking part of the country.
The L-QIF is a new Swiss fund category introduced in the Collective Investment Schemes Act (CISA) with effect on March 1st, 2024. The L-QIF, dedicated to qualified investors only, is not subject to any authorization/approval/supervision by the Swiss Financial Market Supervisory Authority ("FINMA").
The Lenz & Staehelin team included Partner François Rayroux and Counsel Laurence Vogt Scholler.