10th January 2017
With every alternative fund being marketed in the EU needing to submit a return by the end of January, this month’s submission will be the busiest since the AIFMD launched. Fund managers are obliged to submit reports in each jurisdiction where they are marketing under the National Private Placement Regime (NPPR). The requirement to report is triggered by a fund’s marketing permission in any given country, not by whether capital has been raised there.
If permission to market was received before 1 October 2016, an obligation exists to submit these reports.
At Langham Hall, we have been filing Annex IV reports for PE and RE funds since the requirement first started in Jan 2015. We file for open and closed-ended vehicles, both private and listed. We do this for managers in the US, Asia, Africa and the UK, and submit to all jurisdictions across the continent. We provide a complete service that includes setting up access to each of the regulators’ reporting portals, preparation and submission of the reports. We also build in time for your CFO/CCO to review the final figures where required.
If you haven’t yet made arrangements, we’d be very happy to take your Annex IV reports off your hands. To discuss our time and cost effective solution, please get in touch – there is still time to avoid late submissions.
Head of UK Depositary
T. +44 20 3597 7969