AIFM escape clause comes with risk
Experts say non-EU fund managers that accept EU investor commitments may be able to avoid AIFM rules by relying on a reverse solicitation exemption, but warn doing so comes with its own legal complications.
Experts say non-EU fund managers that accept EU investor commitments may be able to avoid AIFM rules by relying on a reverse solicitation exemption, but warn doing so comes with its own legal complications.
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