Tornaritis Law Practice Areas


Tornaritis Law Practice Areas

Banking & Finance

Tornaritis law firm, Attorneys and Consultants provide international clients a sophisticated, premier-quality work product in high-stakes international legal services.


Legal and Regulatory framework
Alternative Investments Funds Law 131(I)/ 2014: AIF Law came into force on the 27th of July 2014. The Cyprus Securities and Exchange Commission (CySEC) is the regulatory authority responsible for the overseeing of Alternative Investment Funds.

Investor Base

  • Retail
  • Well Informed
  • Professional Investors

Types of AIFs

  • AIF with Unlimited Number of Persons
  • AIF with Limited Number of Persons

Legal Forms

  • Common Fund
  • Fixed or Variable Capital Investment Company
  • Limited Liability Partnership

Umbrella Structures

  • Multiple Investment Compartments
  • Management of segregated portfolios of assets and liabilities such being ring fence
  • Increases the potential investor base

Alternative Investments Funds Law 131(I)/ 2014

Number of Investment Objectives

  • Private Equity,
  • Infrastructure,
  • Real Estate,
  • Venture Capital,
  • Funds of Funds,
  • Debt and/or Equity Securities,
  • Loan Origination funds etc


  • Investors details are not filed with the Registrar of Companies or other public authorities

Management & Performance Fees

  • Flexible terms of calculation (based on NAV, committed capital)

Subscription and redemption terms

  • Flexible
  • Allows subscriptions in kind