Define: AIFM Directive
the Alternative Investment Fund Managers Directive (2011/61/EU), and any applicable laws or regulations implementing such Directive in relevant member states of the EEA, including the AIFM Regulations;
the Alternative Investment Fund Managers Directive (2011/61/EU), and any applicable laws or regulations implementing such Directive in relevant member states of the EEA, including the AIFM Regulations;.
Relevant Circumstances
- When EU rules on alternative investment fund managers govern fund structures
- If member-state implementation laws apply alongside the directive
- Where AIFM authorisation gates marketing or management activities