Omni Partners, a UK-based hedge fund, has been granted a license under the Alternative Investment Fund Managers Directive (AIFMD) by the UK’s Financial Conduct Authority (FCA).
The license will allow Omni Partners to offer wealth management and institutional clients access to its alternative investment funds as part of an EU-wide harmonized framework.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Additionally, Omni Partners has appointed Citibank International as independent depositary to comply with the requirements of the directive.
Peter Coates, CEO of Omni, said: "It is Omni’s aim to be at the spearhead of alternative investment fund management best practice on a global basis."
The AIFMD has been designed to enhance the supervisory practices, improve investor protection through the imposition of new depository standards, and enhance transparency via new investor disclosure rules and mandatory reporting to competent authorities.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
