AIF
Finance
SEBI allows FoFs to make direct bets, relaxes liability for investment committees
An Indian fund of funds (FoF) backing private equity or venture capital funds can invest up to 25% of corpus ......
Finance
Insurers score big win with nod to invest in fund of funds, but conditions apply
The regulator has allowed insurers to invest in fund of funds (FoF) -- with conditions. For instance, the FoFs they are...
Infrastructure
Edelweiss infra fund buys controlling stake in India solar assets of France's Engie
Edelweiss Infrastructure Yield Plus, managed by Edelweiss Alternative Asset Advisors, has concluded the acquisition of a controlling...
Finance
What pandemic? India-focused LPs and GPs put more money to work in 2020
The pandemic didn’t deter limited partners (LP) to India-focused alternative investment funds (AIF) from putting more money...
Finance
Big bad bank won't crowd out little guys: Experts
The bad bank or the government asset reconstruction company proposed earlier this month won’t crowd out private-sector ARCs...
Finance
Edelweiss Wealth Management floats equity fund
Edelweiss Wealth Management has floated an open-ended long-short equity fund with a target to raise Rs 1,000 crore (about $137...
Finance
Budget 2021: Govt to set up ‘bad bank' to manage rising NPAs
India will soon set up the long discussed ‘bad bank’ or an asset reconstruction company (ARC) to address rising non-performing...
Markets
SEBI formalises investment committees for PE, VC funds
The Securities and Exchange Board of India (SEBI) has rolled out its latest amendment to the rules governing alternative investment...
General
Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds
Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......
Finance
How SEBI's guidance to an angel fund can impact entire AIF industry
The Securities and Exchange Board of India’s (SEBI) recent guidance to an angel fund has ruffled the alternative investment...
