269-258 What Is an Alternative Investment Fund.jpg

The law of 12 July 2013 on alternative investment fund managers (the “AIFM Law”) defines the alternative investment fund (“AIF”). An AIF is simply a collective investment undertaking (including investment compartments), which:

raises capital from a number of investors with a view to investing it in accordance to a defined investment policy for the benefit of those investors; and
does not require authorisation pursuant to the Directive 2009/65/EC relating to undertakings for collective investment in transferable securities (“UCITS”) (the “UCITS Directive”).

References: articles 1(39) of the AIFM Law and 5 of the UCITS Directive; Determination of the AIFM, August 27, 2020, Bertrand Mariaux.

*Podcast #269:

What Is an Alternative Investment Fund? #269-258* *Article #269-258 *YouTube Video 258| . . . . . . . . #ImpactInvesting , #avocat , #ServeAndThrive , #ThriveAndAccomplishYourMission , #MariauxAvocats , #SocialImpact , #impact , #ImpactSocial , #SocEnt , #MissionDriven , #MissionDrivenVenture , #EU , #DFI , #SocialVenture , #AssetManagement , #sustainability , #AlternativeInvestment , #SustainableFinance , #ResponsibleInvestment , #AIF , #AIFM , #AIFMD , #ResponsibleFinance , #domiciliation Any content published on MariauxAvocats.com does not constitute legal advice.

*YouTube Video 258|:

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)