for Luxembourg’s international English-speaking business community.
More than 25 years ago, The British Chamber of Commerce for Luxembourg (BCC) was set up as a forum to promote trade between Britain and Luxembourg. What was already a visionary idea at that time has today become a highly relevant and valuable platform for people to meet and exchange ideas on a broad variety of topics.
The BCC is an independent and neutral member organisation. Our members come from a broad range of industries and represent many different nationalities. We all share a same desire of collaboration and knowledge sharing. Together we have a strong voice that helps us defend the interests of our businesses and the communities we live in.
I invite you to join us for a business lunch, an evening forum, as a member, as a sponsor or just by strolling through our website and discovering how you could join the conversation. Because successful business needs dialogue!
DLA Piper today announces the appointment of Caroline Pimpaud as counsel in its Investment Funds practice, based in Luxembourg.
Luxembourg, 26 November 2019
This national event will be organised as part of the European campaign officially celebrated from 25th to 29th November 2019, throughout the European Union and beyond. Coordinated by the European Commission, this Community initiative aims to highlight European SMEs by offering a range of events and initiatives while promoting the various measures and instruments of the European SME policy to support a more favorable environment for small and medium-sized enterprises.
DLA Piper has advised fintech venture capital firm MiddleGame Ventures (MGV) on the structuring, setting up and launching of the MGV Fund I. The new fund will invest in early stage fintech startups developing new business models powered by advanced technologies. This is one of the first fintech funds backed by the Luxembourg Future Fund and the European Investment Fund. Other investors include S&P Global and institutional, strategic and family offices. The fund remains open to additional institutional and private investors ahead of a final close later in 2020. The DLA Piper Luxembourg-based Investment Funds team was led by partner Catherine Pogorzelski, assisted by associate Marceau Visano and trainee Laura Massagé. Partner Jacques Wantz and associate Emre Akan advised on the tax aspects, while Intellectual Property & Technology partner Olivier Reisch and senior associate David Alexandre also advised on the transaction. Commenting on the deal, Catherine Pogorzelski, said: “It is a great pleasure to advise MGV on such a high-profile mandate. It is fantastic to see them bringing Luxembourg to the next level in the growing fintech sector and we very much look forward to seeing them developing their investment strategy.” MGV was founded by FinTech investor Pascal Bouvier along with Michael Meyer and Patrick Pinschmidt. Pascal Bouvier, Managing Partner at MGV, said: “We are eagerly looking forward to supporting innovation in financial technology across the European Union and the United States. We also would like to thank all the investors and partners who made our first MGV fund possible.” MGV is a Venture Capital firm focused exclusively on early-stage financial services technology innovation. MGV partners have invested over USD$300 million in early-stage financial services firms over the past decade including Ripple, Tandem Bank, SimpleSurance, Coverhound and CompareAsia. MGV’s new fund has already made three representative investments in a capital markets digital platform and banking as a service and big data analytics startups in the UK (Nivaura, Railsbank and Gardenia Technologies).
Successful business needs constructive dialogue!
The more we are, the more we will be heard. And the better our people and our organisations will be prepared to face the opportunities and challenges ahead of us. We invite you to join the conversation and take advantage of a broad network of talent, experience and insights represented by our membership, partners and sponsors.
The Business & Innovation Group represents the entrepreneurial think tank of the BCC. Its aims are to help businesses navigate through technological and organisational change in order to identify opportunities that will give them sustainable perspectives of growth and diversification.
Financial Services Group deals with matters which are of interest to the Luxembourg financial services community and focuses on the asset management, insurance and banking sectors.
The People and Leadership Group is passionate about people & leadership topics and serves the British Chamber of Commerce community by providing valuable insights to help organisations succeed and by creating opportunities to share experiences, exchange knowledge and learn together.
The role of the Legal Group, which is made up of experienced lawyers in a variety of legal fields, is to provide benefit and value to the members of the Chamber from a legal perspective.”
The Tax Group of the BCC aims to keep the English-speaking business community of Luxembourg up to date with changes in Luxembourg taxation for both individuals and companies. Renowned, experienced and unashamedly pro-active Corporate Tax, Personal Tax and VAT/Customs specialists proudly represent the Tax Group, and address important tax issues impacting the community in regular events throughout the year.
Membership Development Group is responsible for identifying and attracting new members, retaining existing members and proposing initiatives related to member benefits.
Social Events Group organises a variety of activities at different times of the day. The spectrum extends from unique dinners to fashionable breakfasts.
Speakers Lunches Group organizes on a regular basis, usually once a month, a speaker’s lunch. A broad range of speakers have appeared at the Lunch Club giving presentations on a variety of subjects.
The Evolution Group is focused on the future. The future for our BCC members and the future of the country we are privileged to be in, including its trade and cultural links with the United Kingdom.
Launched in 2017 at the occasion of the BCC’s 25th anniversary, the group embarked on a change programme to ensure that, in a changing world, the Chamber continues to benefit its members for a further 25 years and beyond. Our aim is to serve the Chamber by taking forward its strategy and developing new ideas and connections for the benefit of our members. We thus thrive to remain relevant and sustainable for years to come.
If any BCC member wishes to help us move forward, please contact email@example.com with the Topic line ‘Evolution Group’.