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THE CYPRIOT MINI FUND MANAGER REGIME
The new regime (“New Law”, Law No. 81(I)/2020) allows for the creation of a new investment fund management vehicle responsible for the management of alternative Investment Funds (“AIFs”). This new legislative tool enables fund managers to establish an optimum structure for investments by creating a sub-threshold alternative investment fund manager with many advantages, including but not limited to less onerous compliance, lower setup and administrative costs, and added flexibility. This makes the Mini AIFM ideal for newcomers, aspiring entrepreneurs, and small to medium-sized fund managers.
Practice Area(s):
Private Funds, Corporate and Commercial