feeder AIF

Defined in Article 4, Alternative Investment Fund Managers Directive (AIFMD)

Definitions over time (2)

1. 26/06/2021 – today applies on 12/11/2026 Article 4, Alternative Investment Fund Managers Directive (AIFMD) Scope: Whole act

   For the purpose of this Directive, the following definitions shall apply:

   ‘feeder AIF’ means an AIF which: invests at least 85 % of its assets in units or shares of another AIF (the ‘master AIF’); invests at least 85 % of its assets in more than one master AIFs where those master AIFs have identical investment strategies; or has otherwise an exposure of at least 85 % of its assets to such a master AIF;

2. 20/06/2013 – 13/01/2019 Article 4, Alternative Investment Fund Managers Directive (AIFMD) Scope: Whole act

   For the purpose of this Directive, the following definitions shall apply:

   ‘feeder AIF’ means an AIF which: invests at least 85 % of its assets in units or shares of another AIF (the ‘master AIF’); invests at least 85 % of its assets in more than one master AIFs where those master AIFs have identical investment strategies; or has otherwise an exposure of at least 85 % of its assets to such a master AIF;

Used in (8 places in 8 provisions on 12/11/2026)

Alternative Investment Fund Managers Directive (AIFMD) (8 in 8)

Article 4 · Article 7 · Article 31 · Article 32 · Article 35 · Article 36 · Annex III · Annex IV