Green Stag joins AQA Capital as a partner operating in the real estate, art and, more generally, in the alternative investment sectors.
AQA Capital is an Asset Management Company authorised by the Malta Financial Services Authority (“MFSA”) as a full scope Alternative Investment Fund Manager in terms of the Directive 2011/61/EU and a UCITS manager in terms of the Directive 2009/65/EC as amended.
AQA Capital holds a Category 2 investment services licence issued by the MFSA in terms of the Investment Services Act (chapter 370 of the laws of Malta). AQA Capital can act as investment manager for both AIF and UCITS Funds and promotes these funds throughout the EEA.
AQA Capital acts as Investment Manager for UCITS Funds and AIFs, to offer unique products to investors based on almost all asset classes including Equities, Bonds, Funds, Real Estate, Private Equity, Credit opportunities, special situations and long short strategies.
The Italian State, with Legislative Decree 4 March 2014 n. 44 effective since 9 April 2014, has implemented the Directive 2011/61/EU (the so-called AIFM Directive) on all the managers of alternative investment funds (the so-called Alternative Investment Fund Managers – EU AIF ManCo), which regulates the operation of the “European Passport” mechanism.
The AIFM Directive focuses on the “European Passport” mechanism, i.e. an EU AIF ManCo can manage an Italian (or of other EU countries) AIF, if it is authorized to manage, in the state of origin, an AIF with characteristics similar to the one subject to approval by the state of destination.
The authorities of the state of destination have to be informed of the starting of the activity of the foreign ManCo in the national territory by a specific communication.
The “European Passport” system is, of course, based on a constant exchange of information between the authorities of the countries involved.