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1940 Act Funds - Allen & Overy

1940 act funds : Commercial and Operational Issues for and Alternative Investment Managers January 2016. 2 1940 act funds : Commercial and Operational Issues for and Alternative Investment Managers | January 2016. Introduction and alternative investment managers looking to increase and diversify their assets under management (AUM), add new revenue streams, and, for managers, globalize their businesses may find a 1940 Act fund an attractive option (a 1940 Act fund is a fund registered with the Securities and Exchange Commission under the Investment Company Act of 1940). A 1940 Act fund is the only securities fund permitted to raise capital from retail investors, particularly defined contribution retirement plans, and it provides a transparent, tax-efficient structure for investors.

www.allenovery.com 1940 Act Funds: Commercial and Operational Issues for Non-U.S. and U.S. Alternative Investment Managers January 2016

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