The Alternative Investment Fund Managers Directive

The Alternative Investment Fund Managers Directive (AIFMD) will, subject to certain transactional provisions, come into force in the UK, and across the EU, on 22 July 2013. It applies certain rules to managers that manage Alternative Investment Funds (AIFs), which are, broadly, AIFs that are not regulated UCITS funds.

Please note, as a fast developing area of law, clients are advised to seek individual advice in relation to the AIMFD to ensure they are alerted to recent developments.