This AIFMD Alert reviews ESMA’s final advice, published on 16 November 2011, specifically looking at the impact the Directive will have on investment managers.
In addition to our review of the impact of ESMA’s final advice on investment managers, this AIFMD Alert clarifies the key areas of impact for the real estate funds industry.
While there is still some uncertainty about what the Directive’s level 2 measures will bring, this document is an aid to simplify the key provisions to date and assist AIFM’s to become AIFMD ‘ready’.
This bulletin, a commentary on the wider implications of the Directive, highlights the Directives key milestones and its key impacts on Alternative Investment Fund Managers.