About · Regulatory Status

Regulated by the UAE Capital Market Authority.

Neovision Investment Fund Management is licensed by the UAE CMA under Categories 2 and 5, registered with the Department of Economic Development in Abu Dhabi, and operating under UAE federal law.

Regulatory credentials

The formal identifiers institutional counterparties look for.

Legal Entity
Neovision Investment Fund Management L.L.C.
Jurisdiction
UAE Mainland · Abu Dhabi
Regulator
UAE Capital Market Authority (CMA)
DED Registration
Department of Economic Development, Abu Dhabi
CMA License Number
20200000221
Legal Basis
Federal Law No. (4) of 2000
Authorised activities

Two CMA license categories. Fund management and promotion.

The UAE Capital Market Authority issues financial services licenses under a categorised framework. Each category authorises a specific set of regulated activities. NIFM holds two such licenses — a combination that is commercially meaningful: the firm can both structure and manage its own collective investment funds, and legally distribute and promote investment products and funds (its own and third-party) to UAE investors.

Category 2 — Managing a Collective Investment Fund

Authorises NIFM to act as the Management Company (ManCo) for collective investment funds regulated under CMA rules. This includes fund structuring, incorporation, portfolio management, risk management, compliance oversight, and the appointment of service providers (administrator, custodian, auditor).

In practice, Category 2 is the license that lets NIFM create and operate fund structures on behalf of sponsors — either as actively managed funds of its own design, or as Funds-as-a-Service platforms hosting third-party investment mandates.

Category 5 — Promotion

Authorises NIFM to promote investment products and funds to UAE onshore investors. In CMA regulatory language, "Promotion" covers the activities that would otherwise be described as marketing, placement, and distribution — with formal regulator oversight of the promotion activity.

This license is commercially distinct and valuable. It permits foreign fund managers, regional sponsors, and private placement issuers to reach UAE investors through NIFM as a CMA-regulated distribution partner, without having to establish a UAE entity of their own.

Regulatory transition

From SCA to CMA.

The UAE Securities and Commodities Authority (SCA) was reconstituted as the Capital Market Authority (CMA) effective 1 January 2026, pursuant to Federal Decree-Laws No. 32 and 33 of 2025. All SCA licenses in force at that date transitioned automatically to CMA licenses under the new framework. NIFM's license reference (20200000221) is unchanged; the regulatory authority administering it is now called the CMA.

Some historical references — including file names on NIFM's prior website — still use the "SCA" acronym. These are being updated. The correct present-day reference for NIFM's regulator is the UAE Capital Market Authority (CMA).