SEBI specifies norms co-investment under Alternative Investment Funds Regulations, 2021

The market regulator, SEBI has notified the Securities and Exchange Board of India (Alternative Investment Funds) (Fifth Amendment) Regulations, 2021 whereby new clause has been inserted in clause 2 in relation to co-investment made by investors of Alternative Investment Funds. The terms of Co-investment in an investee company by a Manager or Sponsor or co-investor, shall not be more favourable than the terms of investment of the Alternative Investment Fund.The market regulator, SEBI has notified the Securities and Exchange Board of India (Alternative Investment Funds) (Fifth Amendment) Regulations, 2021 whereby new clause has been inserted in clause 2 in relation to co-investment made by investors of Alternative Investment Funds. The terms of Co-investment in an investee company by a Manager or Sponsor or co-investor, shall not be more favourable than the terms of investment of the Alternative Investment Fund.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply