The journey to implementation of the revised EU’s Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD) is in its final stages, and the Directive, AIFMD2, will take effect in each of the EEA member states on 16...more
3/24/2026
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Disclosure Requirements ,
Effective Date ,
EU ,
European Commission ,
European Economic Area (EEA) ,
Investment Funds ,
Member State ,
Private Funds ,
Regulatory Requirements ,
Reporting Requirements ,
Risk Management
On 19 December 2025, the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg published Circular 25/901 (the Circular), setting out updated supervisory guidance applicable to CSSF-regulated alternative...more
2/11/2026
/ Alternative Investment Funds ,
EU ,
Fund Managers ,
Investment Funds ,
Investment Management ,
Luxembourg ,
Private Funds ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Risk Management ,
Supervision ,
UCITS
In this horizon scan for private investment funds, which is aimed at managers based in Europe, we have set out the some of the principal legal and regulatory-focused developments to look out for in the coming months....more
For a majority of PE, VC, and debt funds, catch-ups are 100%, but they are likely to be less than 100% for real estate and infrastructure funds.
In a previous article, we showed that hurdle rates set by private...more