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Damien Luqué

Damien Luqué
  1. People /

Damien Luqué

Damien Luqué

Partner


Paris
Damien Luqué
  1. People /

Damien Luqué

Damien Luqué

Partner


Paris

Damien Luqué

Partner

Paris

T: +33 (0) 1 44 17 76 90

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  • Biography

Biography

Damien has first-hand experience in asset management and financial regulation, with a focus on banking regulations, investment services, crowdfunding and insurance.

He works alongside French and foreign financial institutions, advising them on regulatory issues relating to the provision of banking and financial services in France, the creation of management companies, investment firms and representative offices in France, and the marketing of financial and banking instruments in France (including through online platforms) and investment services for French clients.

Damien also acts for a wide number of credit institutions, asset management companies and institutional investors on the structuring of investment vehicles in the form of AIFs, UCITS and other collective investment schemes.

He advises other types of companies, such as crypto-asset companies, insurance companies and leading industrial companies (setting up private equity investment funds).

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M&A & Corporate Finance M&A & Corporate Finance

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  • M&A & Corporate Finance

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Apr 16, 2025

AIFMD II Leverage Limits and Single Borrower Exposure Restriction

AIFMD II[1]introduces substantial changes to the EU-wide regulatory framework for alternative investment fund managers (“AIFMs”) that was established under AIFMD. The changes cover a wide range of areas but will have a particularly significant impact on funds that originate loans. Among the new rules on loan origination activities are leverage limits and single borrower exposure limits which are particularly relevant for the use of back-leverage by private credit funds operating in the EU. These new rules will also be relevant for AIFMs in the UK managing credit funds located in the EU.

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Insights
Apr 16, 2025
AIFMD II Leverage Limits and Single Borrower Exposure Restriction
AIFMD II[1]introduces substantial changes to the EU-wide regulatory framework for alternative investment fund managers (“AIFMs”) that was established under AIFMD. The changes cover a wide range of areas but will have a particularly significant impact on funds that originate loans. Among the new rules on loan origination activities are leverage limits and single borrower exposure limits which are particularly relevant for the use of back-leverage by private credit funds operating in the EU. These new rules will also be relevant for AIFMs in the UK managing credit funds located in the EU.
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