The European Securities and Markets Authority (“ESMA”) published its opinion on 11 April 2016 on the necessary elements for a harmonised European framework for loan origination by funds (the “Opinion”). The Opinion is issued...more
There has been an increasing focus within Europe on alternatives to bank-based credit. Loan origination funds, which look to source loan assets for their investment portfolio by directly originating loans (rather than...more
4/16/2015
/ AIFM ,
Alternative Investment Fund Managers Directive (AIFMD) ,
Asset Diversification ,
Borrowers ,
Central Bank of Ireland ,
Closed-End Funds ,
Disclosure Requirements ,
Due Diligence ,
ESRB ,
European Securities and Markets Authority (ESMA) ,
Institutional Investors ,
Lenders ,
Loans ,
Risk Mitigation ,
Stress Tests
Dechert commented on the Central Bank's Discussion Paper on Loan Origination by Investment Funds in our OnPoint “After AIFMD, the Central Bank turns its attention to loan origination funds” (July 2013)....more
Having been one of the first countries to implement the Alternative Investment Fund Managers Directive (“AIFMD”) and, as far as we can gather, having been the first country to approve an Alternative Investment Fund Manager...more