The AIFMD applies to all managers of investment institutions that are offered to professional investors and retail investors which do not qualify as UCITS. It applies to, among others, managers of private equity, hedge, infrastructure, real estate, equity and bond funds.
Under the AIFMD, a manager of investment funds needs to obtain an AIFMD licence to manage an alternative investment fund. These licensed managers must comply with a large amount of detailed requirements. Projective Group is a leading consultant with regard to advising asset managers in the process of obtaining an AIFMD licence.
Small managers are exempted from this licence requirements when the assets under management of the investment funds managed don’t exceed specific thresholds. Though, these exempted managers still must be registered at their local supervisory authority and must comply with some specific requirements. This regime is referred to as AIFMD-light.
Fund managers registered under the AIFM-light regime must be careful not to exceed the exemption threshold. Once they exceed the exemption threshold, they will need to obtain an AIFMD licence. In an article, we explain when managers cross the exemption threshold and how they can prepare for this moment.
If you are approaching the exemption limit, Projective Group can assist you with your licence application. Our specialists are also ready to assist you with your ongoing AIFMD compliance once you have obtained your licence. Some of the ways in which we can assist you include:
Do you want to increase the level of AIFMD knowledge within your organisation? Our AIFMD awareness training course has been designed by our Risk & Compliance specialists. This online course, delivered by our learning institute The Ministry of Compliance, covers both the licensing requirements and ongoing compliance with AIFMD. By the end of the e-learning course, you will know when an investment fund manager needs an AIFMD licence and what requirements need to be met to obtain and maintain the licence.
