FUND is structured as follows:
FUND 1 sets out the broad application of FUND and describes the types of fund manager to whom FUND applies.
FUND 3 sets out the baseline requirements that apply to all full-scope UK AIFM.21
1FUND 4 sets out some requirements in relation to specialist AIF regimes, including the LTIF3 regimes.
FUND 10 sets out the requirements that apply to an AIFM that operates on a cross-border basis.