The Alternative Investment Fund Managers Directive—a guide for US managers


The EU Alternative Investment Fund Managers Directive (AIFMD) has now been in force for several months. This overview note is aimed at US managers who have not yet had to get to grips with the AIFMD but will need to raise funds in Europe in due course. You will be able to take the benefit of the practical experience King & Spalding lawyers have had to date in helping clients navigate the new AIFMD regime.

What the Directive covers -

The AIFMD requires that EEA based “alternative investment fund managers” (AIFMs) must have specific authorisation to manage and market “alternative investment funds” (AIFs), complying with strict operating and organisational requirements imposed on both the manager and (indirectly through obligations imposed on the manager) the AIFs it manages. AIFMs and AIFs based outside the EEA are prevented from marketing to investors in the EEA unless mandated requirements are satisfied.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© King & Spalding | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.