A THOROUGH UNDERSTANDING OF PRIVATE EQUITY

RETOUR SOMMAIRE

A CACEIS PRODUCT DEVELOPMENT PUBLICATION - 2010

PERSPECTIVES FOR THE INDUSTRY

The proposed AIFMdirective is intended to overcome gaps in national regulations as managers who currently market actively non EU AIF’s in the EU will enjoy the distribution facilities granted under the directive only after a period of three years following the entry into force of the direc- tive, to the extent that they comply with the above described conditions. Just as for for UCITS, the greater flexibility given in terms of passporting management services will raise a series of legal and operational challenges. Given the added complexity of cross- border schemes, it is likely that the multi-jurisdictional presence of CACEIS will be of added value for clients wishing to combine the advantages of both the proximity of its provider and the benefits of centralising its operations.

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