The purpose of this website is to provide up to date details as to the implementation of the Alternative Investment Fund Managers Directive ("AIFM") in the EU. The AIFM will provide for a regulatory framework for the management and marketing of Alternative Investment Funds ("AIFs").
This will trigger (amongst other things) licensing requirements (in the form of regulatory authorisation), capital requirements and ongoing business requirements.
More positively for AIFMs, the new framework will also enable them to passport their activities into the EU. EU-wide implementation into national law is expected by July 22, 2013.