Alternative Investment Fund in Cyprus
Alternative Investment Fund in Cyprus The Alternative Investment Funds (Law 131(I)/ 2014, provides the establishment of fund from a number of professional investors with a purpose to investing for their own benefit. ‘AIF’ or ‘Alternative Investment Fund’ means any collective investment undertaking, including investment compartments thereof, which, collectively: raises capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of those investors. Authorization The operations of an AIF require the prior authorization and communication by the Securities and Exchange Commission in accordance with the provisions of the Law. The Regulator is the Cyprus...
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