TRIAY AND TRIAY, GIBRALTAR LAWYERS, ASSIST ASIA-PACIFIC FUND MANAGER LAUNCH GIBRALTAR EXPERIENCED INVESTOR FUND

TRIAY AND TRIAY, GIBRALTAR LAWYERS, ASSIST ASIA-PACIFIC FUND MANAGER LAUNCH GIBRALTAR EXPERIENCED INVESTOR FUND

Triay & Triay’s Financial Services team have advised on the Gibraltar law aspects of an Experienced Investor Fund (EIF), structured as a protected cell company (PCC), which launched today and is managed by a fund manager from the Asia-Pacific region.

The Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD) was transposed into Gibraltar law on 22 July 2013 under the Financial Services (Alternative Investment Fund Managers) Regulations 2013 (AIFM Regulations). The implementation of AIFMD has impacted on the ability of non-EU managers and non-EU AIFs to operate within the European Union.

As in the case of the aforementioned newly launched fund, Gibraltar, as a financial services jurisdiction, offers non-EU managers the ability to establish an EU fund (also known as an EU AIF) which can also include PCC, within a competitive and business-friendly environment with the benefit of Gibraltar’s EU status and transposition of the AIFMD and other EU directives.

As Gibraltar lawyers, Triay & Triay’s Financial Services team are well placed to advise on the establishment of EIF PCCs in Gibraltar. Please do not hesitate to contact us should you require any further information.