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ADGM LEGAL FRAMEWORK

  • ABU DHABI GLOBAL MARKET
    • FEDERAL LAW NO (8) OF 2004
    • FEDERAL DECREE NO (15) OF 2013
    • CABINET RESOLUTION NO (4) OF 2013
    • CABINET RESOLUTION NO. 28 OF 2007
    • ABU DHABI LAW NO. (4) OF 2013
    • ABU DHABI LAW NO. (12) OF 2020
    • ADGM LEGAL FRAMEWORK
      • COMMERCIAL LEGISLATION
      • FSRA LEGISLATION
        • Regulations
        • Rules
          • Anti-Money Laundering and Sanctions Rules and Guidance (AML) [VER06.310321]
          • Islamic Finance Rules (IFR) [VER04.030220]
          • Prudential — Investment, Insurance Intermediation and Banking Rules (PRU) [VER11.270422]
          • Fees Rules (FEES) [VER13.270422]
          • Glossary (GLO) [VER13.270422]
          • General Rulebook (GEN) [VER05.030220]
          • Prudential — Insurance Business (PIN) [VER03.030220]
          • Prudential — Insurance Business (PIN) [VER04.270422]
          • Conduct of Business Rulebook (COBS) [VER11.080222]
          • Captive Insurance Business Rules (CIB) [VER04.030220]
          • Fund Rules (FUNDS) [VER06.250521]
            • FUNDS PART 1: INTRODUCTION
            • FUNDS PART 2: DEFINITIONAL PROVISIONS
              • Guidance
              • FUNDS 2. ARRANGEMENTS NOT CONSTITUTING A FUND
                • FUNDS 2.1 Exclusions
                  • FUNDS 2.1.1
                  • Deposits
                  • Common accounts
                  • Commercial activities unrelated to Regulated Activities
                  • Group arrangements
                  • Franchise arrangements
                  • Clearing services
                  • Certificates or Options
                  • Time-share and other 'property-enjoyment' related arrangements
                  • Bodies corporate not undertaking investment management
                  • Debentures and Warrants of a single issuer
                  • Insurance
                  • Profit Sharing Investment Accounts
                  • Discretionary Portfolio Accounts
                  • Close Relative accounts
                  • Sukuks
                  • Employee reward schemes
                  • Carried interest vehicles
                    • FUNDS 2.1.18
                  • Private Financing Platforms
              • FUNDS 3. FUND CRITERIA
              • FUNDS 4. SPECIALIST CLASSES OF FUNDS
              • FUNDS 5. EXCLUDED OFFERS
            • FUNDS PART 3: AUTHORISATION
            • FUNDS PART 4: MARKETING OF DOMESTIC AND FOREIGN FUNDS
            • FUNDS PART 5: CORE RULES RELATING TO ESTABLISHMENT AND MANAGEMENT OF DOMESTIC FUNDS
            • FUNDS PART 6: TRANSFER SCHEMES
            • FUNDS PART 7: WINDING UP
            • FUNDS APP 1 DELEGATION AND OUTSOURCING
            • FUNDS APP 2 MEETING PROCEDURES
            • FUNDS APP 3 APPROVALS AND NOTIFICATIONS
            • FUNDS APP 4 GUIDANCE ON ASSET VALUATION AND PRICING
            • FUNDS APP 5 CONSTITUTION OF A DOMESTIC FUND
            • FUNDS APP 6 GUIDANCE ON FITNESS AND PROPRIETY FOR OVERSIGHT FUNCTIONS
            • FUNDS APP 7 PUBLIC FUND PROSPECTUS DISCLOSURE
            • FUNDS APP 8 RECOGNISED JURISDICTION LIST
          • Market Infrastructure Rulebook (MIR) [VER05.240220]
          • Market Rules (MKT) [VER04.080222]
          • Rules of Market Conduct [VER02.210218]
          • Fund Passporting Rules (FP) [VER01.110319]
          • Past Versions
        • Waivers and Modifications
      • ADGM COURTS LEGISLATION
      • ARBITRATION LEGISLATION
    • ADGM COURTS PROCEDURES
    • GUIDANCE & POLICY STATEMENTS
    • PUBLIC CONSULTATION PAPERS
    • NOTICES OF PUBLICATION
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Breadcrumb

  1. ABU DHABI GLOBAL MARKET
  2. ADGM LEGAL FRAMEWORK
  3. FSRA LEGISLATION
  4. Rules
  5. Fund Rules (FUNDS) [VER06.250521]
  6. FUNDS PART 2: DEFINITIONAL PROVISIONS
  7. FUNDS 2. ARRANGEMENTS NOT CONSTITUTING A FUND
  8. FUNDS 2.1 Exclusions
  9. Carried interest vehicles
  10. FUNDS 2.1.18
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  • Oct 21 2015 - Oct 20 2015
  • Oct 21 2015 - Oct 20 2015
  • Oct 21 2015
‹ Carried interest vehicles Private Financing Platforms ›

FUNDS 2.1.18

An arrangement does not constitute a Fund if it is a carried interest vehicle which is established solely for the purposes of enabling officers, directors or employees of a Fund Manager, or related persons, to participate in carried interest or similar profit generated by one or more Funds.

‹ Carried interest vehicles Private Financing Platforms ›
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