Annexed please find a document titled, “AIFMD for U.S. Hedge Fund Managers – Marketing to UK Investors,” which was prepared by Simmons & Simmons, our investment management alliance partner. This document highlights some new developments that have taken place in the UK relating to the AIFMD since our March 7, 2013 memo, which was titled, “What Every US Manager Should Know About AIFMD.” Of particular importance, it should be noted that the UK has extended its transitional period one year until July 22, 2014. For more information relating to the AIFMD, please feel free to contact your primary Investment Management Group attorney at Seward & Kissel LLP.
