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The Limited Qualified Investor Fund (L-QIF)—a new investment vehicle for investing in (among other things) real estate—will be available to qualified investors beginning 1 March 2024.
The L-QIF does not require authorization from the Swiss Financial Market Supervisory Authority (FINMA) which makes it faster and less expensive to set up. Investor protection is provided by the fact that an L-QIF may only be managed by certain institutions supervised by FINMA. The L-QIF receives no special tax treatment and is taxed in the same way as…