The Alternative Investment Fund Managers Directive - Focus On Third Countries & Key Features

This brochure focuses on the impact of the Alternative Investment Fund Managers Directive ("AIFMD" or the "Directive") on third country funds and managers.

The first part illustrates through practical case studies, the implications of the Directive on managers established in non-European Union Member States which distribute alternative investment funds ("AIF") both inside and outside the European Union ("EU").

A note on the key features of the AIFMD is incorporated as the second part of the brochure.

FOCUS ON THIRD COUNTRIES

The AIFMD will have an impact on investment managers based in third countries ("non-EU AIFM" or "non-EU Manager") who (i) manage EU-based AIF and/or (ii) market, i.e. distribute, in the EU, EU-based and non-EU based AIF they manage in the EU.