What is Aifmd leverage?
What is Aifmd leverage?
It defines leverage as “any method by which the AIFM increases the exposure of an AIF it manages whether through borrowing of cash securities, or leverage embedded in derivative positions or by any other means”.
Is a Qiaif an ICAV?
2.5 AIFM of an Irish QIAIF? Under Irish funds law, a QIAIF can be established in one of five different forms – as an ICAV, as a VCC, as a unit trust, as a CCF or as an ILP.
What is an AIF under Aifmd?
Under AIFMD, an alternative investment fund or “AIF” is: Both open-ended and closed-ended vehicles and listed and un-listed vehicles can be AIFs for the purposes of AIFMD. The definition captures a broad range of vehicles that would be regarded as “funds”, including all non-UCITS investment funds, wherever established.
What is the purpose of AIFMD reporting?
The purpose of AIFMD reporting is to effectively monitor and prevent systemic risk and market disruptions. The reporting obligation applies to registered and authorised AIFMs, and to those AIFMs that are established in a third country (non-EEA country), which market in Finland the AIFs they manage.
What is an AIF under AIFMD?
What is AIFMD cash monitoring and oversight?
AIFMD – Cash monitoring & oversight. Directive 2011/61/EU on Alternative Fund Managers (AIFMD) includes a number of requirements to monitoring cash movements in relation to assets of alternative investment funds (AIFs) and oversight of AIF activities connected to cash movements.
What is the meaning of unencumbered cash?
Definition of Unencumbered Cash. Unencumbered Cash means all cash and Cash Equivalents held by the Obligors in the Principal Jurisdictions that are not subject to any Lien by any Person, other than inchoate Liens which arise by statute or operation of law, in each case, on an involuntary basis.
What is the AIFMD and what is it for?
In a nutshell, what is the AIFMD? The AIFM-Directive is a European Union Directive which is due to be transposed into European Union Member States’ national law by 2013. It seeks to regulate the previously lightly regulated investment fund sector, in particular hedge funds, private equity funds and real estate funds.
Does Article 22 of the AIFMD need to be in the annual report?
Answer 7: No. The information prescribed by Article 22(2)(e) and (f) of the AIFMD should be included in the annual report. This is without prejudice to references in the annual report to other documents where additional information may be found.
