art_2__para_1

1. This Regulation applies to managers of collective investment undertakings as defined in point (a) of Article 3 that meet the following conditions: their assets under management in total do not exceed the threshold referred to in point (b) of Article 3(2) of Directive 2011/61/EU; they are established in the Union; they are subject to registration with the competent authorities of their home Member State in accordance with point (a) of Article 3(3) of Directive 2011/61/EU; and they manage portfolios of qualifying venture capital funds.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-01 · Text as adopted (Official Journal); later amendments are not incorporated in this text.