The introduction of a definition of AIFMD, as recently proposed by the European Commission, has put under the spotlight, once again, the increasingly intricated access to Europe available to US Fund managers
The intent of the European Commission to foster competition in the cross-border fund market does not equate per se to a liberalisation of that specific market
Data from Preqin shows that investors which write tickets of more than $1bn have seen their total commitments to hedge fund strategies rise 11% in the last year