This Practice Note explores the provisions in Part 6 of the Alternative Investment Fund Managers Regulations 2013, SI 2013/1773 (the AIFM Regulations 2013), which transposed into UK law the Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (AIFMD) relating to the rights and regulatory requirements of an alternative investment fund manager (AIFM) to market an alternative investment fund (AIF) in the UK.

For an overview of the AIFM topic and links to UK AIFM Practice Notes, see: AIFM regime—overview. For comprehensive practical guidance on the UK AIFM regime, see Practice Note: UK regulation of alternative investment fund managers—essentials.

For information about the EU AIFMD marketing regime, including how UK and other non-EEA AIFMs can market to investors in the EEA, see Practice Note: EU AIFMD—the marketing of AIFs, Passporting and Third country provisions.