Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Alternative Investment Vehicle (AIV)

An investment structure created to facilitate one or more specific investments; typically, a fund is permitted to establish an alternative investment vehicle to accommodate the tax, legal and/or regulatory concerns of any partner or the partnership as a whole.

Source: NCREIF | Date: 02 September 2025 | ID: D0907 | Version: 1