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Why rich families are turning to pooled investment vehicles amid pandemic

Alternative investment funds are emerging as a popular alternative to multiple entity investingWhy rich families are turning to pooled investment vehicles amid pandemic

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Sachin P Mampatta Mumbai
Rich families might be increasingly looking at making investments through a single entity that manages all their money, rather than a maze of different ones.

Alternative investment funds (AIFs) and limited liability partnerships (LLPs) are amo­ng the vehicles of choice, according to experts, as they look to simplify processes and ease documentation amid the Covid-19 pandemic.

 “...in the pandemic, families have struggled with evaluation and execution of transactions, because of complex and elaborate paperwork across a large (number) of entities they have had to operate,” said Nitin Jain, managing director and chief executive officer, Edelweiss Wealth Management.

He said Edelweiss has advised clients

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