A specialised investment fund (“SIF”) that qualifies as an alternative investment fund (“AIF”) is generally required to appoint an alternative investment fund manager (“AIFM”).
The AIFM must either be:
an AIFM established in Luxembourg authorised pursuant to the law of 12 July 2013 on alternative investment fund managers (the “AIFM Law”) ; or,
an AIFM established in another EU Member State; or in,
a third country authorised under Directive 2011/61/EU on Alternative Investment Fund Managers (The “AIFM Directive”).
References: Article 80(1) of the amended law on SIF of 13 February 2007; the AIFM Directive and Chapter 2 of the AIFM Law; What Is an Alternative Investment Fund?, September 15, 2020, Bertrand Mariaux.
Contributor: Cédric Buisine, Avocat
Editor: Hannah Seulgee Jung
*Podcast #285:
*YouTube Video 274|:
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)