Results for tag: "AIFMD"

The Alternative Investment Fund Managers Directive (AIFMD) is a European Union (EU) directive that regulates the activities of alternative investment fund managers (AIFMs). It was introduced in 2011 to provide a harmonized regulatory framework for the management of alternative investment funds (AIFs) across the EU. AIFs are investment funds that are not regulated under the EU's UCITS Directive, such as hedge funds, private equity funds, venture capital funds, and real estate funds. The AIFMD requires AIFMs to comply with a range of requirements, including capital requirements, risk management, disclosure, and reporting. It also requires AIFMs to appoint a depositary to oversee the safekeeping of assets and to ensure that the AIFM complies with the AIFMD. The AIFMD has had a significant impact on the hedge fund industry in Europe, with many hedge funds now being managed by AIFMs. This has led to increased transparency and investor protection, as well as greater competition in the market. Some of the major players in the AIFMD market include BlackRock, Man Group, KKR, Apollo Global Management, and Carlyle Group. Show Less Read more