Nine experts from Luxembourg’s financial sector discussed the strengths and weaknesses of the grand duchy’s private market funds. Pauline Roux from AllianceBernstein highlighted Luxembourg’s political stability and its pioneering role in the EU fund industry, particularly with the early adoption of the Ucits in 1988 and the AIFMD in 2013. The flexibility of Luxembourg’s regulatory framework and diverse fund structures make it attractive for private asset managers. Roux noted that while Luxembourg excels in fund distribution, harmonizing tax requirements and improving access for retail investors in private debt funds are areas for improvement. Luxembourg’s proactive approach ensures its continued appeal to global investors.