The Milltrust ICAV Platform is an AIFMD compliant, open-ended investment company, incorporated in January 2016 under Irish company law and regulated by the Central Bank of Ireland.
The ICAV Platform permits more flexible strategies (Traditional, Hedge funds, Private Equity) than UCITS. The funds under the ICAV corporate structure can elect its classification under the US check-the-box taxation rules.
Like the UCITS Platform, funds on the ICAV Platform are structured under a single custodial framework, providing safety and transparency without any conflict of interest. The ICAV Platform is subject to the safeguards provided by the QIAIF regulatory frameworks providing access to European qualified investors.