Home / CY AIF Law of 2018 / PART ΙΙ: PROVISIONS REGARDING THE ALTERNATIVE INVESTMENT FUNDS / Chapter 1: General characteristics and distinctions of AIFs / [04] AIF legal forms and use of the AIF designation.
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4. AIF legal forms and use of the AIF designation.
(1) An AIF may be established taking one of the following legal forms:
(a) as a common fund∙ or
(b) as an investment company, registered subject to the Companies Law either as a company limited by shares or as a variable capital investment company∙ or
(c) as a limited partnership, with or without separate legal personality, registered subject to the General and Limited Partnerships and Business Names Law.
(2) Each AIF authorised subject to Chapter 2 of this Part shall include the term “alternative investment fund” or “AIF” in its name, and, if the AIF is established as -
(a) a common fund, the term “common fund” or the abbreviation “C.F.” shall also be included in its name∙
(b) an investment company, the term “fixed capital investment company” or the abbreviation “F.C.I.C.”, or the term “variable capital investment company” or the abbreviation “V.C.I.C.”, as the case may be, shall also be included in its name∙
(c) a limited partnership, the term “limited partnership” or the abbreviation “L.P.” shall also be included in its name.
(3) The establishment of AIFs is permitted only subject to the provisions of this Law.
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