Defined term	alternative investment fund manager
Source	AIFMD
Reference	Article 4(1), point (b)
Status	Published
Refresh rule	Regenerate after source legal-text changes

(b) ‘AIFMs’ means legal persons whose regular business is managing one or more AIFs;

AIFMD, Article 4(1), point (b).

AIFMD, Article 4(1), point (a):

(a) ‘AIFs’ means collective investment undertakings, including investment compartments thereof, which:

(i) raise capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of those investors; and

(ii) do not require authorisation pursuant to Article 5 of Directive 2009/65/EC;

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