Latest Updates Around The World
By achieving “pass-through” status for AIFs, investors can achieve a better return on their investment | Photo credit: M.photostock In an effort to attract capital into the distressed asset sector, asset reconstruction companies (ARCs) have sought a ‘pass-through’ status for the income earned by alternative investment funds (AIFs) from their investments in such assets. If […]
Ambit Global Private Client (Ambit GPC), the investment manager of Poonawalla Vision Fund I (PVF I), has completed the final close of the fund at approximately Rs 1,000 crore. Strong investor interest led to oversubscription within three weeks of opening to external capital.Ambit GPC, which has a presence in India’s private markets, has deployed Rs […]
Markets regulator Sebi has rolled out a new framework to make it easier for Alternative Investment Funds (AIFs) to create a special class of schemes meant only for accredited investors and by giving more relaxations to Large Value Funds (LVFs). The latest rules take effect immediately.Under the new rules, AIFs can launch ‘AI-only’ schemes that […]
For decades, buying real estate in India was a dream that often did not demanded for years of savings, or huge home credits assumed that families fought long-term debts. High access barriers, endless paperwork and the need for substantial capital meant that the property of real estate remained out of reach for many, especially young […]
