This note provides an overview of the key regulatory developments at an EU level relating to the Alternative Investment Fund Managers Directive (2011/61/EU) (AIFMD).

The AIFMD introduced a harmonised regulatory framework across the EU for EU-established managers of alternative investment funds (AIFs). Key issues covered in the AIFMD include authorisation, capital requirements, conduct of business standards, remuneration, valuation of assets, delegation, depositaries, transparency and marketing.