Sign up for free newsletter


Germany flag

Simmons & Simmons Frankfurt advises US AIFM on registration of Cayman AIF

The Simmons & Simmons financial services team in Frankfurt has supported a US alternative investment fund manager (AIFM) with the registration of a Cayman alternative investment fund (AIF).

This is likely to be the first successful registration of a non-EU AIF managed by a non-EU AIFM in Germany with the Federal Financial Supervisory Authority (BaFin).
The registration covered a Cayman master-feeder hedge fund structure which made the registration process more complex compared to a non-feeder fund. The registration, from the time of the application to the approval by BaFin, took a total of three months.
Harald Glander, fund partner in Germany, says: “Some managers think that the German registration requirements for offshore funds cannot be met. The swift process of registering this structure proves that it remains possible to distribute offshore structures to professional investors in Germany.”

Subscribe to free daily newsletter
Front Office Interest Rates Quant

Fri, 09 Oct 2015 00:00:00 GMT

International Equity Sales Trader

Fri, 09 Oct 2015 00:00:00 GMT

Ph.D - Machine Learning/NLP

Fri, 09 Oct 2015 00:00:00 GMT

2 days 12 hours from now - New York
1 week 1 day from now - Cairo
1 week 1 day from now - Hong Kong
1 week 1 day from now - New York