What sponsors and investors should focus on as the reform aligns Italy's credit AIF regime with the EU-wide AIFMD II framework.
Rule Overview
Jurisdiction: European Union
Regulator: ESMA
Topic: General Requirements
EUR Lex AIFMDAn alternative investment fund (AIF) is any collective investment that is not a UCITS including investment vehicles that are:
An alternative investment fund manager (AIFM) is defined as an legal person whose regular business is managing one or more AIFs.
The directive regulates the marketing of alternative investments to professional investors providing two options to managers:
It includes disclosures and reporting requirements including information that needs to be made available to potential investors.
What sponsors and investors should focus on as the reform aligns Italy's credit AIF regime with the EU-wide AIFMD II framework.
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