In November, Belasko announced the latest group of promotions which included an internal move for Greg McKenzie. Greg, who ran the Guernsey service offerings for the last 3 years, is now Country Head of our Luxembourg office and supporting the growth of our service offerings from central Europe.  

Since making the 390 miles journey from St Peter Port to the centre of Europe, Greg has taken the chance to review his growth ambitions for the jurisdiction, upcoming trends in 2024 and reflection of the journey Belasko has taken in Luxembourg so far.  

The year has continued to surprise many of us. With 2023 aimed at putting covid firmly in the rear view, geopolitical tensions have taken the headline with many expecting more concerns on the horizon following key elections in 2024.  

Whilst 2023 is going down on record as one of the most challenging years to raise private capital, whispers of green shoots are starting to emerge, promising optimism for what 2024 may bring. 

Belasko aims to play a key role in partnering with fund managers to achieve their investment objectives in 2024. Simply put, our client solutions are designed with experienced people utilising smart technology, and stand confident these fundamentals will deliver value and support both established and first time managers achieve their investment objectives.  

Along with the skiing opportunities, I was enticed by Luxembourg after hearing about the team’s client-focused culture and the opportunity to drive growth from the biggest funds market in Europe. Our team put collaboration at the centre of our day-to-day lives and work in an environment where our newest members work shoulder-to-shoulder with business leaders and can have their voices heard.  

I am also pleased to be working closer with Graham Parry-Dew, who has over 30 years’ experience in Luxembourg. Graham has done a fantastic job in growing our European operation to date, including the opening of our new office in Limpertsberg earlier this year. Both Graham and I have a shared enthusiasm and ambition to grow our Luxembourg offering further in 2024.  

If you would like to hear more about Belasko’s service offering from Luxembourg you can contact Greg at: [email protected]