“The Special Limited Partnership (SCSp) has been successfully introduced into Luxembourg law. It is set to benefit from onshore fund activity following the AIFMD and is of particular interest to Anglo-Saxon managers and investors given their familiarity with limited partnership
By Derek Adler (pictured), IFINA – There are many questions being asked by Investment Managers (IMs) today and relatively few satisfactory answers available. For many years IMs have merely had to satisfy the regulatory requirements of the chosen jurisdiction and
The official grandfathering period of the AIFMD only ended this July so assessing how different jurisdictions and their fund industry networks are adjusting to the new challenge is a little too early to call. Nevertheless, as burdensome as the Directive
By Robert Higgans (pictured) & Clare Farrugia, MFSA – Since the end of the transition period applicable to Alternative Investment Fund Managers (AIFMs) that were undertaking activities before the coming into force of the AIFM Directive on 22 July 2013, a clearer
For emerging managers, the fact that Malta retained its PIF regime alongside the new AIF fund regime means that a number of fund structuring opportunities now exist. The most popular option, to date, has been for managers to register with
Retaining its Professional Investor Funds (PIF) regime is possibly the single biggest development for Malta in recent memory. The island is now home to over 600 MFSA-authorised hedge funds and whilst a number of those are now being transitioned into
“What we are seeing under AIFMD is increased interest in asset managers using Malta as a domicile for the setting up of AIFMs,” observes Kenneth Farrugia (pictured), Chairman of FinanceMalta. He continues: “Over the past ten years, the MFSA has
Market regulation is starting to impact the way prime brokers do business with their hedge fund clients. The need to store away more capital and strengthen their balance sheets under Basel III regulations and other requirements imposed by central banks
By Kavitha Ramachandran, Maitland Group – The EU’s Alternative Investment Fund Managers Directive (AIFMD) has essentially created a vast ‘Fortress Europe’. As of 22 July this year, managers of alternative investment funds must become authorised under the Directive as ‘AIFMs’ (Alternative
This summer, Peregrine Communications pitched its flag on 44th & Fifth, New York to further bolster its award-winning reputation as a marketing solutions provider. Overseeing the new office is Peregrine's Max Hilton. “We’ve been working with US clients since 2002 but
