Regulations going into effect in July in Europe, called the Alternative Investment Fund Manager Directive (AIFMD), will result in more oversight for Europe-based fund managers, according to panelists at the Association of the Luxembourg Fund Industry’s (ALFI) Luxembourg: Europe’s Global Fund Centre event.

The rules, which will affect Europe-based alternative investment fund managers, including managers of private equity funds, were created in an effort to manage risk and increase transparency after the 2008 economic crisis.

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