Alternative Investments Funds
Alternative Investment Funds (AIF) are licensed by the MFSA under the Investment Services Act.
The establishment and operation of an AIF requires a category 2 license or more under the Investment Services Act.
An AIF may be incorporated as a:
- Investment company with an open-ended or closed-ended variable share capital (SICAV)
- Investment company with a fixed share capital (INVCO)
- A mutual fund
- Limited Partnership or partnership en Commandite
- Unit Trust
Moreover, an AIF may also take the form of a multi-class fund whereby you have a single fund with multiple share classes, or an umbrella fund which has several sub-funds and share classes.
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