|
By Vanessa MOLLOY, Partner at Harneys
With the focus on ESG, AIFMD II and ELTIF 2.0, anyone reading the title may say “surely the market knows what is required? Have we not moved past this question?”
However, non-EU Sponsors and startups looking to raise capital in the EU, find the AIFMD a bit of a minefield. Emerging managers still look to structures that may fall outside the scope of the AIFMD, as the on-going costs of the top tier structure offered under the AIFMD require sufficient levels of assets to justify the costs, which may exclude startups.
Luxembourg pooling structures...
|