Fund liquidation in Luxembourg

End‑to‑end, CSSF‑compliant voluntary liquidation of your Luxembourg investment funds and structures, led by an approved liquidator.

Your partner to close a fund with confidence

We support promoters, management companies and investment boards in designing and executing clear, CSSF-compliant liquidation plans that work for all stakeholders.

What we do

We manage, on a project basis, the voluntary liquidation of funds and dissolution of structures: scoping, planning, coordination of service providers, monitoring of liquidation accounts and reporting through to final administrative closure.

  • Voluntary liquidation of UCITS, AIF, SIF, RAIF funds
  • Dissolution of Luxembourg investment vehicles
  • Management of residual assets and any disputes
  • Strategic advice on exit scenarios

Discover our services in detail →

Who we work for

We work with international players who want to close a fund or structure in Luxembourg while preserving their reputation, investor relations and governance standards.

  • UCITS and alternative fund promoters
  • Management companies and AIFMs
  • Boards of directors and investment committees
  • International groups reorganising their fund platform

How we work

We combine the operational experience of a CSSF-approved liquidator with consulting methods: structured analysis, project timeline, clear decision points and regular reporting to governance bodies.

  • Initial diagnosis and documented recommendations
  • Liquidation plan, milestones and identified risks
  • Steering committee and formal reporting
  • Transparent communication with the CSSF and investors

A clear liquidation path, end to end

We turn a complex liquidation project into a clear sequence of steps so your internal teams and investors know exactly where they stand and what comes next.

1

Scoping & decision

Analysis of the structure, assets and constraints; closure scenarios; decision memo for the board or partners.

2

Liquidation plan & notifications

Validated detailed plan, CSSF and investor notifications, alignment with the management company, depositary and key service providers.

3

Execution & monitoring

Asset realisation, settlement of accounts, distributions, preparation of liquidation accounts and administrative closure.

See our full liquidation process →

A liquidation practice entirely dedicated to Luxembourg

CSSF-approved liquidator

Liquidation mandates since 2014 across a wide range of Luxembourg UCITS and alternative funds.

Promoter & board perspective

Fund directorship and entrepreneurial experience that allows us to speak the same language as sponsors and directors.

Tailored support

Interventions adapted to fund size, asset complexity and investor profile (retail, institutional, family offices).

Transparency & reporting

Regular updates with your teams and written deliverables to document every decision for the CSSF and auditors.

Our partners

Recognised expertise at the service of your fund liquidation needs

FG

François GERARD

Partner & CSSF-approved liquidator

LinkedIn

20+ years of experience CSSF liquidator since 2014 CSSF-authorised fund director

François has over 20 years of experience in the Luxembourg fund industry. Since 2014 he has been an approved liquidator for multiple Luxembourg fund structures, and since 2022 an authorised investment fund director.

Professional background

  • PwC Luxembourg – Auditor for 13 years across a broad range of clients (UK, Spain, France, Japan, Switzerland, USA)
  • AB Fund Services Luxembourg – CFO and managing director (company sold to Kinetic Partners, now Kroll, in 2013)
  • Expertise in conventional funds, fund of funds, credit funds, index replication, private equity

Education

  • Master in business engineering and finance – HEC
  • Chartered Accountant certificate – University of Luxembourg

Born in Liège, Belgium, 1979

BA

Benoit ANDRIANNE

CEO & Founder

LinkedIn

25+ years of experience Innovative entrepreneur International network

Benoit Andrianne has been working in the Luxembourg fund industry for over 25 years. He has been appointed since 2006 as director of investment funds by international promoters in the UK, USA, Switzerland, France, Spain and Portugal.

Entrepreneurial track record

  • I.D. Associates – Founder and managing director, Luxembourg firm specialised in fund advisory and independent directorship
  • AB Fund Services – Creator of this independent CSSF-approved company, sold to Kinetic Partners Group (now Kroll) in 2013
  • Docunify – Founder of this Luxembourg paperless collaboration app, sold to VBS Luxembourg (Post Luxembourg) in 2019

Education

  • Master in finance – HEC

Born in Verviers, Belgium, 1975

I.D. Associates Sàrl Luxembourg

LuxFundLiquidation is a specialised brand of I.D. Associates, a leading firm in the Luxembourg investment fund industry since 2013.

Independent company

I.D. Associates is an independent Luxembourg company, founded in 2013 by Benoit Andrianne. We provide fund advisory and independent directorship services for international fund promoters.

International reach

Our clients are fund promoters based in the UK, USA, Switzerland, France, Spain, Portugal and other European jurisdictions. We bring local expertise with a global outlook.

Full service offering

Beyond fund liquidation, I.D. Associates offers a full range of services: fund directorship, regulatory advice, fund structuring, administrative support and CSSF compliance.

Entrepreneurial experience

Our team combines in-depth technical expertise with an entrepreneurial mindset. We understand the challenges of fund promoters and adapt our solutions to their needs.

Our milestones

2013

Creation of idassociates

2022

François Gerard joins the team as CSSF-approved liquidator

2025

Launch of the LuxFundLiquidation brand for specialised liquidation services

Our values

Excellence

We aim for excellence in every mandate, with meticulous attention to detail and the highest standards.

Integrity

Integrity is at the heart of our approach. We always act in the best interest of our clients and investors.

Innovation

We combine traditional expertise and innovation to deliver modern, effective solutions.

Independence

Our independence ensures objective advice and decisions made solely in our clients’ interest.

Discover our full range of services

Visit the I.D. Associates website to learn more about our advisory and directorship services for investment funds.

Visit idassociates.lu

Start your project

Our team is available to discuss your fund liquidation needs and design a tailored solution.

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Address

2 rue du Nord
L-2229 Luxembourg

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