Significant changes to rules for EU alternative investment fund managers (AIFMs) come into force on April 16, but most still have work to do to be compliant, experts warn.

The Alternative Investment Fund Management Directive II (AIFMD II) was adopted in 2024, but most provisions come into full force on April 16, with Annex IV reporting requirements set to come into effect next year. Compliance managers in EU AIFMs may need to adapt their strategy, internal processes, and documentation.

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Ruth Prickett graduated from Cambridge University with a BA hons in History and has specialized in business and finance journalism for the past 20 years. She was editor of Financial Management, the magazine...