Originally published in The Investment Lawyer April 2012, Volume 19, Number 4, pages 25 34, reprinted with permission from Aspen Publishers, Wolters Kluwer Law & Business, New York, NY.

In our article appearing in the February 2012 issue of The Investment Lawyer, we reviewed the Alternative Investment Fund Managers Directive (AIFMD) with an eye to identifying how a US investment adviser might determine the best strategy for adapting to the AIFMD. In this Article, we assume that the investment adviser has decided to jump in with both feet, and make AIFMD a platform to raise money under management in Europe. This second article addresses how to do that.