INREV Response to the ESMA consultation on the draft regulatory technical standards on open-ended loan-originating AIFs under the AIFMD
Last updated on 28 Mar 2025
The response emphasises the importance of applying relevant LMTs, rather than all listed in the proposal. It highlights the semi-open-ended nature of real estate funds and suggests flexibility in adjusting both the target proportion and actual amount of liquid assets, considering the overall portfolio composition.