The Social Housing Infrastructure Fund, qualifying as a reserved alternative investment fund (RAIF) is an investment vehicle, which is not subject to the prudential supervision of the Commission de Surveillance du Secteur Financier, the Luxembourg supervisory authority of the financial sector (CSSF), or any other Luxembourg supervisory authority, although it qualifies as an alternative investment fund within the meaning of the Luxembourg law of 12 July 2013 on alternative investment fund managers. As per the law, The Social Housing Infrastructure Fund is managed by an authorised external AIFM and the CSSF is informed about the Funds activities via its manager which is subject to regular reporting requirements.