Page 5 - Aif

Sebi mulls carving out separate AIF category to buy distressed loans

Markets regulator Sebi is planning to carve out a separate category in Alternative Investment Funds (AIF) whereby such entities can purchase distressed loans from banks and NBFCs.

GIFT City gains traction: Avendus fourth firm to get nod for setting up AIF

According to an industry official tracking developments at GIFT City, four other companies' applications are under are under consideration for setting up AIFs

Sebi's merchant banker order may stretch new AIF timelines, says industry

Regulator's notification has limited international precedent and is unnecessary, say analysts.

Into the tax net: Pooled fund not service providing entity, says IVCA

Specific to AIFs, the IVCA said the funds are a mere pooling vehicle and not a service providing entity

Long-only alternative investment funds outperform long-short peers in July

Of the 32 long-only funds, all except one managed to beat the Nifty50 returns of 0.3 per cent during the month

AIFs take digital turn as across-table deals go out of fashion due to Covid

Multiple firms look to skip physical meetings, documentation while acquiring clients

AIFs stare at higher tax outgo on investment manager's performance fees

Tax uncertainty could dissuade global players from setting up funds in India

Street signs: Zomato GMP at 15-18%, beeline of AIFs at IFSC, and more

Shares of thermal power producers are likely to benefit from the rise in power demand, say analysts

Sebi's move to introduce accredited investors concept to benefit AIFs

Capital markets regulator Sebi's decision to introduce the concept of accredited investors' will enhance the attractiveness of alternate investment funds (AIFs), experts said on Wednesday.

Sebi doubles AIFs overseas investment limit to $1.5 bn after talks with RBI

Industry players say the move will help the Rs 4.4-trillion AIF industry as the current allowance in many cases was getting fully utilised

Foreigners won't need PAN for investment in GIFT alternate investment funds

PAN requirement will no longer apply to such investors

Category-III AIFs increasingly forego lock-ins, turn to open-ended schemes

Majority of funds now open for subscription have no lock-in

AIFs seek co-investment vehicles to allow bespoke deals for key investors

Global market for such deals has been on the rise since at least 2012; one fund exploring opportunities in India.

Indiabulls, Edelweiss look to launch AIFs to advance realty loans

Edelweiss is also moving in the same direction after it sold developer loans to investors.

Real estate fund managers float schemes for construction finance

Construction from AIFs will be at a higher rate than banks and NBFCs, which are currently not putting in money

Edelweiss Wealth Management to raise Rs 1,000 cr for equity-focused AIF

Edelweiss Wealth Management is targeting to raise Rs 1,000 crore from domestic investors for its maiden equity-focused alternate investment fund (AIF)

Banks vote in favour of Piramal offer for DHFL, see holes in Oaktree bid

With this Piramal succeeds in getting the requisite 66 per cent voting, says source

Sebi's regulatory cap on NRI investments may affect AIFs GIFT move

Many draw their funds from overseas Indians looking to invest in their home country

DHFL's sale poses legal hurdle for Oaktree due to insurance JV stake

Insurance sale before DHFL sale would have eliminated regulatory uncertainty, say lawyers

Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs

Entity can sponsor an MF even if it doesn't fulfill profitability rule; CIRP cos asked to have at least 5% public float