Skip to main content

Launching Soon: Notified PIF – an ideal framework for de-Minimis AIFMs and third country AIFMs

By September 7, 2023November 17th, 2023No Comments

In December 2022, the Malta Financial Services authority (MFSA) launched a consultation process which ended in January 2023, in relation to a new framework for the Notified Professional Investor Fund (NPIF). The launch of the final rules is expected in the coming weeks.


  • Can be launched as long as AUM is less than €100M.
  • Can be managed by a Malta/ EU de-minimis AIFM or 3rd country AIFM.
  • No-licensing process – only subject to a notification process following a due diligence exercise to be carried out by a Fund Administrator, AIFM or Company Service Provider.
  • No exclusions in terms of underlying strategy apart from lending activities.
  • No need to appoint a custodian subject to appropriate safekeeping arrangements in place.
  • Can be offered to Qualifying Investors.

How we can help:

  • Set up and initial due diligence.
  • Ongoing administration.
  • Provision of AML and other supportive services.

Reach out on or by replying to this email for more detail or an initial discussion.