Last August, the Central Bank of Ireland (CBI) authorised Carne Group as an alternative investment fund manager (AIFM) in accordance with the EU’s alternative investment fund managers directive (AIFMD).
But, curiously for an AIFM, Carne doesn’t employ any traders or portfolio managers. In fact, it isn’t really in the business running hedge fund strategies at all.
Instead, Carne will serve as the authorised AIFM for external hedge fund managers – giving them the ability to freely market their fun
The week on Risk.net, July 14–20, 2017Receive this by email