Drooms Launches Virtual Data Room for AIFMD

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Drooms, a vendor of virtual data rooms, has launched a product to help fund managers comply with reporting requirements under the Alternative Investment Fund Managers Directive (AIFMD), which aims to harmonize the way alternative investment funds operate in Europe, improve competition and protect investors.

Jan Hoffmeister, Zug, Switzerland-based co-founder of Drooms, says the company's AIFMD/Command virtual data room will enable fund managers to collect and centrally store documentation that mu

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