By Nathalie Duguay, Tim Dolan, Ed Hall and Christian Schatz, King & Wood Mallesons

Nathalie DuguayTim DolanThe still-controversial Alternative Investment Fund Managers Directive (AIFMD) regulates private equity and hedge fund managers that operate within the EU, and offers one significant advantage to anyone who becomes fully authorised and complies with its demanding rulebook: a “passport” to manage and (more importantly) market funds to professional investors across the EU’s 28 member states. This passport is not without its difficulties – for example, many countries require managers to register and pay fees before they can use it to market in their territory – but there is no doubt that it makes fundraising easier for managers targeting investors from dif
ferent countries across the region.

Read the Full article please click here