Indian regulator receives 20 applications for AIF approval
The Securities and Exchange Board of India (SEBI) has received 20 applications from fund managers for Alternative Investment Fund (AIF) status, the new regulatory classification designed to improve oversight of private equity, real estate and hedge fund investors.
Of the pending applications, 15 are being processed, including India Advantage Fund, India Realty Fund, Kedaara Capital, HDFC AMC Real Estate and DSP BlackRock, The Economic Times reported. The remaining...
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