Strategic Fund Architecture: Capturing the Next Wave of Private Capital

2025-09-09
ROYC, Elvinger Hoss & Gernandt & Danielsson

In Strategic Fund Architecture: Capturing the Next Wave of Private Capital, Elvinger Hoss, Gernandt & Danielsson, and ROYC examine how fund structuring, legal design, and technology have become strategic levers for growth — not just operational necessities.

As private capital moves into semi-liquid, retail, and cross-border distribution models, General Partners face rising complexity across regulation, liquidity, and operational execution. This white paper provides a practical roadmap for decision-makers navigating the next generation of private fund structures in Europe.

Key insights from the report include:

  • Fund architecture has moved to the C-suite: Legal, operational, and technology design choices now directly impact scalability, speed-to-market, and profitability.
  • Why now is the moment to broaden the LP base: Regulatory initiatives (ELTIF 2.0, AIFMD II) and shifting capital pools are accelerating access to private markets beyond institutional investors.
  • High-impact use cases for GPs: From semi-liquid funds and master-feeder structures to cross-border distribution and first-time GP platforms.
  • Structuring toolkits that actually scale: A deep dive into fund formats, feeder strategies, liquidity levers, and listing considerations across jurisdictions.
  • Regulatory clarity, not simplification: How GPs can balance EU-wide passporting with local market realities — and avoid costly missteps.
  • Platform-driven operating models: Why fragmented provider stacks no longer work, and how integrated platforms enable efficient fund lifecycle management.

Download the full report for a clear, actionable guide to building future-ready private capital structures.

Strategic Fund Architecture: Capturing the Next Wave of Private Capital