Hedge Fund in Europe more information

In the Republic of Croatia, only an open-ended investment fund with a public offering may be established as a UCITS.

A public offering of UCITS funds shall be permitted in the Republic of Croatia to:
1. management companies with their registered office in the Republic of Croatia which establish and manage an UCITS fund established upon the authorisation of the Agency;
2. management companies from member state which manages an investment fund established upon the authorisation of the member state relevant authority ;
(2) By way of exception from paragraph 1., management company from a third country shall be permitted a public offering of an open-ended investment funds from third countries which operate in accordance with the provisions of this Act regulating the operation of UCITS funds, or in accordance with regulations offering the equal level of protection to investors as UCITS funds do.

WOW this is going to get above and beyond! ‪#‎Internationalentrepreneurship‬

Opening a Hedge Fund in Europe Shortly

This is awesome just wanted to share. Hope this helps my European friends and investors. Hedge Fund coming to Croatia once were set up here!

Malta is one of only 12 EU member states that have fully complied in time with EU rules on hedge funds, according to research published this week by audit firm KPMG. The remaining 16 were found wanting in terms of complying with new EU rules intended to clamp down on hedge funds and other alternative investments.

Austria, Croatia, Cyprus, Denmark, Germany, Ireland, Latvia, Luxembourg, Malta, the Netherlands, Sweden and the UK were the only states to comply in time, the report found.