Investment Funds 2025

AUSTRALIA

Australia

Law and Practice Contributed by: Michael Lawson, Nicole Brown, Lizzie White and Tamaryn Leach MinterEllison

Sydney

Tasmania

Contents 1. Market Overview p.11 1.1 State of the Market p.11 2. Alternative Investment Funds p.11

2.1 Fund Formation p.11 2.2 Fund Investment p.12

2.3 Regulatory Environment p.15 2.4 Operational Requirements p.19

2.5 Fund Finance p.19 2.6 Tax Regime p.20 3. Retail Funds p.21 3.1 Fund Formation p.21 3.2 Fund Investment p.23

3.3 Regulatory Environment p.24 3.4 Operational Requirements p.28

3.5 Fund Finance p.29 3.6 Tax Regime p.29 4. Legal, Regulatory or Tax Changes p.30 4.1 Recent Developments and Proposals for Reform p.30

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