The growing fund industry in Cyprus

The growing fund industry in Cyprus

In just a few years, Cyprus has become one of the top emerging investment fund centers in Europe. At the end of the third quarter of 2021, the amount of Assets under Management of Cypriot investment funds reached €11.6 billion, and the island’s growth rate has far outshined that of other European countries. Xenia Neophytou,…

Investment Funds and Raising Capital

Investment Funds and Raising Capital

In our previous article titled “Investment Funds in Cyprus – Learn everything you need to know” we talked about what are funds, the difference between UCITs and AIFs, AIFs in Cyprus but also about RAIFs and Umbrella Funds. Here, we are giving you a definition of “Raising Capital” as well as some specifications. The commercial…

New Alternative Investment Funds Legislation

New Alternative Investment Funds Legislation to Boost Cypriot Funds Industry

On 10th July 2018, the Parliament of the Republic of Cyprus passed significant amendments to the Law 131(I)/2014 on Alternative Investment Funds (AIFs). The amendments are emphasizing the introduction of the Registered Alternative Funds (RAIFs). The main characteristics of RAIFs are: Must be registered with the Cyprus Securities and Exchange Commission (CySec) but they will…

Investment Funds in Cyprus

Investment Funds in Cyprus

Cyprus is one of the fastest growing economies in the European Union, determined to stay on top of the industrial growth and the emerging markets. Being a compliant member of EU offering favorable business landscape, Cyprus markets has come to become the first choice among promoter’s and investor’s seeking secure and advantageous fund solutions. The…