> For the complete documentation index, see [llms.txt](https://www.mica.wtf/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.mica.wtf/definitions/mica/alternative-investment-fund-manager.md).

# alternative investment fund manager

Definition of alternative investment fund manager from Regulation (EU) 2023/1114, Article 3(1), point (48).

|                  |                                            |
| ---------------- | ------------------------------------------ |
| **Defined term** | alternative investment fund manager        |
| **Source**       | MiCA                                       |
| **Reference**    | Article 3(1), point (48)                   |
| **Status**       | Published                                  |
| **Refresh rule** | Regenerate after source legal-text changes |

## Definition

> **(48)** '[**alternative investment fund manager**](/definitions/aifmd/alternative-investment-fund-manager.md)' means an AIFM as defined in Article 4(1), point (b), of [Directive 2011/61/EU](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02011L0061-20250117) of the European Parliament and of the Council;

## Source

[MiCA, Article 3(1), point (48)](https://headlesslaw.com/rulebooks/mica/articles/3/).

## Imported Definition

MiCA imports this definition from AIFMD.

> (b) 'AIFMs' means legal persons whose regular business is managing one or more AIFs;

[Open AIFMD definition page](/definitions/aifmd/alternative-investment-fund-manager.md)

## Definition Chain

1. MiCA Article 3(1), point (48)
2. AIFMD Article 4(1), point (b)
3. AIFMD Article 4(1), point (a)

## Used In MiCA

* [Article 59](https://headlesslaw.com/rulebooks/mica/articles/59/)
* [Article 60](https://headlesslaw.com/rulebooks/mica/articles/60/)
* [Article 63](https://headlesslaw.com/rulebooks/mica/articles/63/)


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