carried interest

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

Uses as of 01/07/2016

Definitions over time (1)

1. 20/06/2013 – today applies on 01/07/2016 Article 4, Alternative Investment Fund Managers Directive (AIFMD) Scope: Whole act

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

   ‘carried interest’ means a share in the profits of the AIF accrued to the AIFM as compensation for the management of the AIF and excluding any share in the profits of the AIF accrued to the AIFM as a return on any investment by the AIFM into the AIF;

Used in (3 places in 3 provisions on 01/07/2016)

Alternative Investment Fund Managers Directive (AIFMD) (3 in 3)

Article 4 · Article 22 · Annex II