Fundamental change for the fund industry: the European Commission's proposed AIFM Directive | Practical Law
In this practice note, Margaret Chamberlain, Jane Tuckley and Tim Lewis, partners in Travers Smith's Financial Services and Markets department, analyse and comment on the key aspects and potential impact of the European Commission's proposed Alternative Investment Fund Managers Directive (AIFM Directive), the text of which was published in April 2009.