ARTICLE · 06 OCTOBER 2021

Alternative Investment Funds 2021

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Gibraltar Alternative Investment Funds ("AIFs") may be structured either as experienced investor funds ("EIFs") or private schemes (also known as "Private Funds").

GibraltarFinance and Banking

Jonathan Garcia

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1. What are the principal legal structures used for Alternative Investment Funds?

Gibraltar Alternative Investment Funds ("AIFs") may be structured either as experienced investor funds ("EIFs") or private schemes (also known as "Private Funds").

EIF

An EIF is a regulated collective investment scheme designed for professional, high net worth or experienced investors. An EIF may be open-ended or closed-ended and can be marketed to an unlimited number of investors, provided they meet the definition of an "experienced investor". This definition broadly covers: investment professionals, investors who have a net worth in excess of €1,000,000 and investors that invest a minimum of €100,000 in the EIF.

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