In order to enjoy the investment fund privilege as opposed to being treated as an ordinary investment vehicle, such fund has to refrain from entrepreneurial activity. This is of the utmost importance for private equity funds holding a majority interest ... (more)
On March 6, 2015, the amendments of the Regulation on the Investment of Restricted Assets of Insurance Undertakings (”Investment Regulation“) were published in the Federal Law Gazette (Bundesgesetzblatt). The amendments were necessary to adapt the Investment Regulation to the new fund ... (more)
Since the transposition of the AIFMD into German tax law at the end of 2013, the taxation of closed end alternative investment funds depends on whether such funds are set up as partnership-type investment vehicles (“Investment Partnership”) or corporate-type investment ... (more)
