Alternative Investment Funds

Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more

Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players

Complying with Sebi's new rules will be challenging, onerous: AIF industry

Some believe alternative investment funds may face teething issue but the regulatory changes will eventually improve governance

AIF applications pile up due to rejig at Sebi, even as regulator turns wary

Longer-than-expected wait time leads to delay in fund launches

Rockstud Capital launches Rs 300 cr fund for upcoming Indian start-ups

It will invest in 25 start-ups focused on digitalisation, sustainability, financial inclusion

Sebi allows AIFs to participate in Credit Default Swap transactions

Further, exposure to CDS undertaken in these manner will not tantamount to leverage

Sebi proposes standard approach for valuation of AIF investments

The capital market regulator has also recommended appointment of independent valuers, specifically for unlisted entities

InCred Financial Services aims to float about Rs 10,000-crore AIF

Subsequently, it will look to raise money from institutional investors, including Sovereign Wealth Funds

Java Capital launches Rs 75 cr seed fund, announces first close at Rs 30 cr

Firm will invest in at least 15 technology and fintech start-ups, expects final close in 6 months

Sebi bars AIFs from raising capital from non-compliant foreign investors

Foreign investor must be is a resident of the country whose market regulator is a signatory to either IOSCO multilateral MoU or has signed bilateral MoU with Sebi

TMS Ep315: E-rupee, Vande Bharat, Bank stocks, Alternative investment funds

What does e-rupee mean for you? Who's the brain behind Vande Bharat? Is it time to shift to private bank stocks? What are Alternative Investment Funds? All answers here

What are Alternative Investment Funds?

Markets regulator Sebi recently told RBI that some non-bank lenders were ever-greening loans by using alternative investment funds. But what exactly is this fund? Let's find out

Welspun One Logistics Parks Fund 1 commits Rs 500 crore warehousing AIF

Creates a portfolio of Rs 2,300 crore across five cities, aggregating to about 6.6 million square feet of gross leasable area

Sebi frames guidelines for AIFs for declaring first close of a scheme

Capital markets regulator Sebi on Thursday came out with guidelines for Alternative Investment Funds (AIFs) for declaring the first close of a scheme. Also, the regulator has specified the manner of calculating the tenure of a close-ended scheme of an AIF and prescribed a fee for change in control of the manager or sponsor. The new guidelines would come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in a circular. With regard to the first close of schemes of AIFs, Sebi said that the first close of a scheme is required to be declared not later than 12 months from the date of the capital markets regulator's communication for taking the Private Placement Memorandum (PPM) of the scheme on record. In the case of open-ended schemes of Category III AIFs, the first close would refer to the close of their Initial Offer Period. "Corpus of the scheme at the time of declaring its first close shall not be less than the minimum corpus prescribed in AIF

Base effect contributing to small-cap funds' 30% return over three years

Limit exposure to this volatile category to 10-15% of equity portfolio, enter with 7-10-year horizon

8i Ventures announces first close of second investment fund worth $50 mn

Early-stage venture capital company says fintech 'single largest opportunity in India'

Less than a decade since launch, AIF commitments to cross Rs 7 trn mark

There is optimism that the Rs 7 trillion mark will likely be crossed soon, given the recent momentum

Fund houses rush to acquire talent as tightening of compliance rules weighs

New hires demand compensation beyond standard hikes to make up for impact on take-home pay due to the skin-in-the-game norms; seasoned professionals quit in droves

Fund of Funds for startups committed Rs 7,385 cr to 88 AIFs: Govt

The Fund of Funds for startups, launched in 2016, has committed Rs 7,385 crore to 88 alternative investment funds (AIFs) as of September 24 this year, the commerce and industry ministry said on Monday. These AIFs in turn have invested Rs 11,206 crore in 720 startups, it said. The Fund of Funds (FFS) initiative has been playing a major role in mobilising domestic capital in the Indian startup ecosystem., it added. FFS was announced with a corpus of Rs 10,000 crore. The corpus is to be built up over the 14th and 15th Finance Commission Cycles (2016-2020 and FY 2021-2025) through budgetary support by the Department for Promotion of Industry and Internal Trade (DPIIT), under the ministry. Under FFS, support is extended to SEBI-registered AIFs, which in turn invest in startups. "FFS has not only made capital available for startups at early stage, seed stage and growth stage but also played a catalytic role in facilitating raising of domestic capital, reducing dependence on foreign capi

Sebi tightens overseas norms for alternative investment and VC funds

Going ahead, all AIFs and VCFs will have to file an application before the market regulator for allocation of overseas investment limit in a format specified by Sebi

Sebi relaxes regulatory framework for AIFs targeting 'accredited investors'

Sebi also has directed all AIFs to designate an employee as compliance officer, who shall be a person other than the CEO