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ARTICLE · 29 JULY 2014

Types Of AIFMs Under The AIFMD

A&O Shearman
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Secondary legislation on RTS determining the type of alternative investment fund manager managing a fund was published in the Official Journal.

European UnionFinance and Banking

On 24 June 2014, secondary legislation on RTS determining the type of alternative investment fund manager ("AIFM") managing a fund was published in the Official Journal of the European Union. The legislation supplements the Alternative Investment Fund Managers Directive, providing detail on when an AIFM will be considered to be managing an open-ended or close-ended fund.

The RTS are available at: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:L:2014:183:FULL&from=EN.

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