Page 5 - Alternative Investment Funds

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

Assets of AIF industry grow 42% in the past year, shows Sebi data

The industry has grown more than 7x in the past five years, from assets of Rs 80,000 crore

Long-only AIFs outperform long-short funds in FY22, shows data

Twenty-five of the 32 long-only funds managed to beat the Nifty50 return of 18.8 per cent during the year, while only two of the 12 long-short strategies were able to beat the benchmark

Long-short alternative investment funds beat long-only funds in February

Assets of the AIF industry stood at Rs 6.1 trillion at the end of the December quarter - a 38 per cent rise YoY

Sebi amends rules governing certain type of alternative investment funds

Capital markets regulator Sebi has amended the rules pertaining to investment aspects of certain category of alternative investment funds (AIFs).

Buy & hold debt funds as central banks begin rate hikes: Vivriti AMC CIO

Performing Credits are the structural opportunity, which are undiscovered and yield a high risk-adjusted return amid rising interest rates

Brescon in talks with investors for raising $250-300 mn for its AIF

The firm is also in discussions to close a deal for investing $150 million which could be through the AIF

GIFT City draws big players with biz sops; banks, PEs register with IFSCA

Twenty foreign and Indian banks are now part of the IFSC ecosystem

AIF assets nudge past Rs 5 trn mark, still a seventh of MF industry size

The AIF segment has grown more than 8x in past five years

PMS, AIF asset base set to cross Rs 50 trn in 10 years: PMS Bazaar

With sophisticated investors looking beyond traditional retail-oriented investments, Portfolio Management Services (PMS) and Alternative Investment Fund (AIF) structures are gaining massive traction and the assets base of these products is expected to cross Rs 50 lakh crore by 2031. PMS and AIF are emerging as strong alternatives to grow wealth and investments, PMS Bazaar said at the annual summit 'PMS & AIF 4.0: Alternative Assets For All Seasons'. PMS Bazaar is a platform for investors and intermediaries looking for PMS and AIF information, analytics and comparisons to help investors create wealth using this wealth-building medium. "By 2031, the PMS and AIF industry is expected to cross Rs 50 lakh crore on the back of 20 per cent CAGR (compound annual growth rate) growth," it said. It further said PMS and AIF products generate healthy returns, achieve better penetration and thrive in a favourable regulatory landscape. According to official data, assets under management of ...

Long-only funds outperformed long-short strategies in September

Of the 34 long-only funds, 19 beat the Nifty50 returns of 2.8% during the month, while two of the 14 long-short funds outperformed the benchmark

Avendus PE Investment launches second structured credit fund

The fund is targeting a total corpus of Rs 1,000 crore, including the green-shoe option of Rs 500 crore

Axis MF, Inversion Advisory launch AIF to invest in underperforming firms

Plans to raise Rs 3,500 cr; Axis AMC to be investment manager of the fund, Inversion to provide operational and turnaround expertise

Long-only AIFs outperform long/short peers, give median returns of 3.4%

Long/short funds (of which data is available for 13) gave median returns of 2.73 per cent

Kotak Mahindra Bank to acquire 9.98% stake in KFin Tech for Rs 310 cr

KFin Technologies provides technology solutions across a broad spectrum of asset classes spanning mutual funds, alternative investment funds and pension funds