There are a number of pertinent issues facing private equity fund managers with respect to the AIFMD, including the need to appoint an independent depositary, enhanced disclosure requirements, the costs associated with maintaining compliance and more. In addition, private equity firms face limitations on their ability to restructure portfolio companies for 24 months after acquisition. These are just a few of the issues requiring attention in the days leading up to the 22 July 2013 deadline.
- Key issues to consider: tax, legal, reporting, administration.
- How KPMG can help: KPMG’s Financial Services practice will use a tailored work program to highlight which elements of the directive are applicable to the private equity manager and conduct an analysis of impacts for structuring, operations and marketing.