Bussum, 29 December 2014
Waterland Private Equity Investments B.V. has announced that it received a permit on 15 December 2014 to manage an investment institution as defined in Article 1.1 of the Financial Supervision Act.
Waterland Private Equity Investments B.V. (“Waterland”) has announced that it has received a permit on 15 December 2014 to manage an investment institution as defined in Article 1.1 of the Financial Supervision Act. This is the so-called AIFMD permit, which is mandatory for alternative investment fund managers in Europe with assets of more than €500M under management. Waterland has appointed Orangefield Nederland as the depositary for the private equity funds that Waterland manages (Waterland Private Equity Fund IV and Waterland Private Equity Fund V). Clifford Chance advised Waterland throughout the process of obtaining the permit.