alternative investment fund

Definition of alternative investment fund from Directive 2011/61/EU, Article 4(1), point (a).

Defined term	alternative investment fund
Source	AIFMD
Reference	Article 4(1), point (a)
Status	Published
Refresh rule	Regenerate after source legal-text changes

Definition

(a) 'AIFs' means collective investment undertakings, including investment compartments thereof, which:

(i) raise capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of those investors; and

(ii) do not require authorisation pursuant to Article 5 of Directive 2009/65/EC;

Source

AIFMD, Article 4(1), point (a).

Used In MiCA

No usages outside the source definition found yet.