14 April 2022
The UK government and the Financial Conduct Authority have endorsed a new type of UK fund structure – an unauthorised contractual scheme known as a Professional Investor Fund (“PIF”), that aims to plug a gap and improve efficiencies for fund managers.
Among its benefits:
Melville Rodrigues, Head of Real Estate Advisory at Apex Group, and lead designer and advocate for the fund, explains what the key features of the PIF are during a recent webinar presentation.
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