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Alternative investment fund  (AIF) - Financial definition

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Concise definition of the term alternative investment fund

Designation encompassing all investment funds that are not already covered by the European Directive on Undertakings for collective investment in transferable securities (UCITS).

Comprehensive definition of the term alternative investment fund

This category includes hedge funds, funds of hedge funds, venture capital and private equity funds as well as real estate funds. These funds target «well-informed» investors (institutional, professional, and qualified investors).

Additional information related to this definition

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