4 March 2011
Non-EU fund managers that are targeting the EU market will encounter a new regulatory regime once the Alternative Investment Fund Managers (AIFM) Directive has been implemented by the EU Member States.
The AIFM Directive introduces a coordinated regulatory framework, applicable across the European Union to fund managers of any AIFs that are not UCITS within the meaning of the UCITS IV-Directive. The AIFM Directive further seeks to regulate, among other things, funds within the scope of the AIFM Directive that were established outside of the European Union that wish to market within the European Union.
As the AIFM Directive provides for substantial new legal obligations with regard to the management and marketing of shares or units of AIF, Mayer Brown has created an AIFM webpage designed to keep clients informed of the new regime’s areas of application and consequences. The site provides extensive information on the content, background and interpretation of the AIFM Directive as well as an overview of all relevant areas.
If you would like more information on this topic, please contact the member of our Private Investment Funds Practice you regularly work with or:
, Brussels, + 32 2 551 5968
, Brussels, + 32 2 551 5982
, London, + 44 20 31 30 3311
, London, + 44 20 31 30 3829
, Paris, + 33 1 53 53 36 24
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