The growth of Luxembourg-domiciled alternative investment funds remains on an upward trajectory as they become increasingly attractive outside of the EU, Preqin showed. The average size of a private equity fund domiciled in Luxembourg has increased by 50% since 2018. Private equity funds over $1 billion have doubled, private debt funds' AUM have grown by 40% in the past two years and real estate investment funds are enjoying increased interest from non-EU countries, in particular from the U.S. Alternative investment funds' growth outpacing that of UCITS and set to double in size by 2023.

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