ESMA_QA_1047
26/03/2014
Subject Matter
Management and marketing of AIFs by EuSEF and EuVECA managers
Original question
Can EuSEF and EuVECA managers manage and market AIFs?
ESMA Answer
26-03-2014
Original language
[ESMA 34-36-253 AIFMD Q&A, 3]
Yes.
EuSEF and EuVECA managers can manage and market AIFs, since this is not prohibited by the Regulations. However, these managers will not benefit from the passport set out in Chapter III of EuVECA Regulation and of EuSEF Regulation regarding those AIFs which are not EuSEF or EuVECA.
Status: Answer Published
Additional Information
Level 1 Regulation
European Social Entrepreneurship Funds Regulation (EuSEF) Regulation (EU) No 346/2013
Topic
EuSEF