alternative investment fund manager
Definition of alternative investment fund manager from Directive 2011/61/EU, Article 4(1), point (b).
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Definition of alternative investment fund manager from Directive 2011/61/EU, Article 4(1), point (b).
Defined term
alternative investment fund manager
Source
AIFMD
Reference
Article 4(1), point (b)
Status
Published
Refresh rule
Regenerate after source legal-text changes
(b) 'AIFMs' means legal persons whose regular business is managing one or more AIFs;
AIFMD, Article 4(1), point (a):
(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;
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