Open on EUR-Lex ↗

Recital 18

Recital 18

(18)Where it is in the best interest of the AIF and its investors to keep the side pocket within the existing fund structure, an AIFM should be able to create a side pocket through accounting segregation. In that case, assets for which economic or legal features have changed significantly or have become uncertain due to exceptional circumstances should be allocated to a dedicated share class of the AIF.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
7 queries · page built in 3 msInventory f82bbfa3