Switzerland is still open for fund-raising

Unlike the rest of Europe, Switzerland is still open for fund-raising (COOConect)

In the United States, it is not hard to find managers of Cayman-domiciled funds that have long since concluded that the Alternative Investment Fund Managers Directive (AIFMD) means European investors must either come to them (“reverse solicitation”) or be avoided altogether. A conversation with Roman Pelka of Montfort Capital, a Zug-based financial advisory firm specialising in alternative assets, furnishes a reminder that investors in Switzerland – still the single most important source of investment capital for fund managers in Continental Europe – can still be accessed by foreign fund managers. It is easy to forget that the country is not even part of the European Union (EU)…

Link to Story at COOConect