EU agrees ‘imperfect’ deal to regulate hedge funds

EurActiv – EU legislators breathed a sigh of relief yesterday (26 October) as they closed year-long talks on regulating hedge funds and private equity, ending up with a deal which both politicians and industry have dubbed imperfect.

Officials representing all three camps of EU decision-making – the European Commission, the European Parliament and the EU capitals – yesterday reached a final agreement on the controversial Alternative Investment Fund Managers Directive (AIFMD).

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