Thursday August 13 2015

News Source: Fund Regulation

Focus: AIFMD

Type: General

Country: Ireland




On 12 August 2015, the Central Bank of Ireland published the fifteenth edition of the AIFMD Q&A.

The new question is ID 1096 regarding Feeder AIFs.

ID 1096

Question: I am a QIAIF which raises capital from investors under a formally agreed commitment basis. For the purposes of the definition of “feeder AIF” in Regulation 5 of the AIFM Regulations can the reference to “assets” (net assets) be understood to refer to committed capital.

Answer: Yes, provided the QIAIF remains closed for redemptions during the capital commitment period.

Click on the link above for further details.