A specialised investment fund (“SIF”) may qualify as an alternative investment fund (“AIF”). The AIF is managed by an authorised European alternative investment fund manager (“AIFM”). The SIF then benefits from a passport allowing AIFMs to market the SIF’s shares and partnership interests to professional investors within the European Union through a regulator-to-regulator notification regime. 

References: Article 80(1) of the amended law on SIF of 13 February 2007; SIF and AIFM (i), October 2, 2020, Bertrand Mariaux.

Contributor: Cédric Buisine, Avocat

Editor: Hannah Seulgee Jung 

*Podcast #286:

*YouTube Video 275|: 

Bertrand Mariaux, Avocat à la Cour, LL.M. (hons.)

Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)