The EU Consults on Operating Conditions for Open-Ended Loan Origination Funds

The EU has issued its consultation on Regulatory Technical Standards for open-ended loan-originating AIFs operating under AIFMD II. As previously flagged, the default position under AIFMD II is that Loan Originating Alternative Investment Funds (“LO AIFs”) should be closed-ended....
By: Cadwalader, Wickersham & Taft LLP

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