The Alternative Investment Fund Managers Directive (AIFMD) significantly changed the European legal and regulatory landscape for hedge fund managers, affecting their ability to market funds in Europe, increasing their compliance burden and imposing new requirements on managers.
In an interview with The Hedge Fund Law Report, Bill Prew, founder and CEO of INDOS Financial Limited, discussed AIFMD’s practical impact on the hedge fund industry since its introduction in July 2014.
The first article (the first in a two-part series) sets forth Prew’s thoughts about the effect of AIFMD on hedge fund managers and the ability of managers to market their funds across Europe. The second instalment will focus on the practical implications of the depositary requirements imposed by AIFMD on hedge fund managers, as well as other industry trends and issues.
To read the full HFLR interview click here (subscription required).