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ARTICLE · 05 JANUARY 2024

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Cyprus Alternative Investment Funds

Kaimakliotis LLC
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The funds sector in Cyprus has in recent years steadily become an important and dynamic sector of the Cyprus services and finance industry

CyprusFinance and Banking
Pavlos Kaimakliotis
Pavlos Kaimakliotis
Alexandros Apostolatos
Alexandros Apostolatos

1 Introduction

1.1 The funds sector in Cyprus has in recent years steadily become an important and dynamic sector of the Cyprus services and finance industry, helped also by the introduction of new types of funds available for interested investors and fund managers. In addition, regulatory and government bodies have been engaging in a promotional drive of the funds industry, leading Cyprus to become an attractive destination of funds setup, with growing numbers of funds being established and maintained in Cyprus in recent years.

1.2 In addition, Cyprus being a full EU member, benefits from harmonisation of EU financial services regulations and is able to act as connecting platform of access to Europe, Middle East and Africa, utilising its geographical position, but also the high-quality of corporate and financial services and its now recently modernised legal framework in relation to funds.

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