Regulatory AlertsEssential Concepts in the Alternative Investment Fund Managers Directive
The French Autorité des Marchés Financiers (AMF) implements ESMA's orientations regarding essential concepts within the Alternative Investment Fund Managers Directive (AIFMD). This position clarifies the definitions used to characterize an alternative investment fund (AIF), including the qualification as a collective investment undertaking. It provides specific guidance on the notion of capital raising, investor number conditions, and the existence of a defined investment policy.
Share