The enactment of the Alternative Investment Funds Law (AIF Law) provided for a significant modernization of the related legal framework and offers a comprehensive toolbox and new structuring options competitive to those of other established jurisdictions.

ALTINVEST will provide a wide range of services with the aim to facilitate and simplify the process of setting up and managing fund vehicles:

⬤ Assistance and support in set-up and structuring

⬤ Liaising with the regulatory authorities, as necessary for the Fund Licencing

⬤ Liaising with the regulatory authorities for the RAIF registering

During the set-up phase of your AIF, AIFLNP, RAIF we will:
Assign a dedicated project manager to analyze your needs before then offering effective advice on regulatory compliance issues and an appropriate fund structure. Draft the prospectus in collaboration with you and assist in the selection of service providers.

An AIF can be structured as a stand-alone fund or a multiple compartment fund (“Umbrella Fund”) which creates separate compartments (sub-funds). The assets and liabilities of each compartment are ring-fenced. Also, each compartment may be dissolved and liquidated separately without affecting the operations of the other compartments. In other words, the AIF exists as a single legal entity, but its several distinct compartments are, in effect, traded as individual investment funds. These compartments function as independent entities, each with, among other, their own investment policy and restrictions and distribution market.

The choice of the type and form of the AIF will depend on a number of factors including type of investment, investor profile, investor familiarity, portfolio diversification, operational flexibility and taxation.

** Subject to pending amendment of the Partnership Law