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Great Fund Insights: Navigating NAV issues in open-ended real estate funds during economic challenges

This publication focuses on the key issue currently facing managers of open-ended real estate funds offered to institutional investors: the difficulty of striking reliable valuations of properties under the economically...more

AIFMD II: Unveiling the timeline for the new loan origination regime

The text of the Directive amending the Alternative Investment Fund Managers Directive (AIFMD) (AIFMD II) was published on 26 March 2024 and will enter into force on 15 April 2024. AIFMD II introduces, among other changes,...more

French draft law on the "green industry": first implementing measures of ELTIF 2.0 under French law

The “Projet de loi relatif à l’industrie verte” (the Bill) has been presented to the French “Conseil des Ministres” on Wednesday 17th May 2023 - i.e. an executive committee aimed at approving the draft law right before the...more

Great Fund Insights: The European long-term investment fund (ELTIF) Review

This memorandum aims to provide a comprehensive overview of the current ELTIF regime (see section 2 below) as well as the most salient features of the new ELTIF regime (see section 3 below), including a table showing the...more

Great Fund Insights - The ELTIF review

The European long-term investment fund (ELTIF) is an EU fund regime that was introduced in 2015 by Regulation (EU) 2015/760 (the ELTIF Regulation) to boost long-term investments through EU alternative investment funds (AIFs)...more

Covid-19 coronavirus: NAV issues in open-ended real estate funds

The Covid-19 pandemic and resulting government lockdowns have brought intense volatility both to financial markets and the real economy, and a sharp return of challenges that confronted asset managers in the Global Financial...more

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