| English | Français |
|---|---|
| a manager of alternative investment funds as defined in Article 4(1), point (b), of Directive 2011/61/EU | un gestionnaire de fonds d’investissement alternatifs au sens de l’article 4, paragraphe 1, point b), de la directive 2011/61/UE |
| Art. 3(44) |
| English | Français |
|---|---|
| legal persons whose regular business is managing one or more AIFs i.e. collective investment undertakings, including investment compartments thereof, which: (i) raise capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of those investors; and (ii) do not require authorisation pursuant to Article 5 of Directive 2009/65/EC. | |
| Article 4(1), point (b), of Directive 2011/61/EU |