The general objective of the contract is to provide the Commission with the backward-looking analysis to what extent the objectives of the Alternative Investment Fund Managers Directive (AIFMD) — Directive 2011/61/EU of the European Parliament and of the Council — have been achieved.

The contractor will have to carry out a general survey on the functioning of the AIFMD rules and the experience acquired in applying them. It will also have to produce an evidence-based study on how effective, efficient, relevant and coherent the AIFMD rules are in achieving their objectives and what the EU value added of these measures has been. The results of the general survey and the findings of the study will have to be provided by the contractor in a single final report.