NICSA, the National Investment Company Service Association, in cooperation with ALFI, the Association of the Luxembourg Fund Industry, recently presented an overview of the AIFMD and its impact on U.S. fund managers.  The program was moderated by Theresa Hamacher, President of NICSA.  The speakers were Michael Ferguson, Co-Chair of the ALFI Hedge Funds Sub-Committee and a Partner and Asset Management Leader at Ernst & Young; and Claude Niedner, Chair of the ALFI Alternative Investments Committee and a founding Partner of Luxembourg’s Arendt & Medernach.  See also “Navigating the Patchwork of National Private Placement Regimes: A Roadmap for Marketing in Europe by Non-EU Hedge Fund Managers That Are Not Authorized Under the AIFMD,” Hedge Fund Law Report, Vol. 7, No. 28 (Jul. 24, 2014).