OVERVIEW By Peter Tyson and Simon Riveles On 22 July 2013, the EU directive on alternative investment fund managers (AIFMD) will take effect in each European Union (EU) Member State. The AIFMD establishes an authorization regime as well as a rulebook for managing and marketing alternative investment funds (AIFs) by alternative investment fund managers (AIFMs) within the EU. In addition to retaining the private placement …
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