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CYPRIOT ALTERNATIVE INVESTMENT FUNDS AND AIFM (ALTERNATIVE INVESTMENT FUNDS MANAGER)
AIFs are collective investment undertakings raising capital from a number of investors, with a view to investing such capital in accordance with a defined investment policy for the benefit of those investors, and which has not been authorised as a UCITS fund (Undertaking for Collective Investment in Transferable Securities). The commencement of operations of an AIF requires prior authorisation by the regulatory authority.
Practice Area(s):
Private Funds, Corporate and Commercial