INREV Response to the ESMA consultation on the draft regulatory technical standards on open-ended loan-originating AIFs under the AIFMD
INREV Response to the ESMA consultation on the draft regulatory technical standards on open-ended loan-originating AIFs under the AIFMD
Published on 28 Mar 2025
The response emphasises the importance of applying relevant LMTs, rather than all listed in the proposal. It highlights the semi-open-ended nature of real estate funds and suggests flexibility in adjusting both the target proportion and actual amount of liquid assets, considering the overall portfolio composition.