Investment funds: a comprehensive review and guide to the year ahead

The Alternative Investment Fund Managers Directive has been a major focus for the alternative investment funds market. However, this may mean that other changes important to fund managers, investors and participants in the alternative investment funds market have been overlooked. These developments include: recent case law on the relationship between GPs and LPs; regulatory changes in the US; marketing restrictions in the Middle East; and ongoing tax developments. In addition, this white paper looks ahead to some of the changes that can be expected over the next 12 months.