Sebi proposed to provide flexibility to Alternative Investment Funds, Venture Capital Funds and their investors to deal with unliquidated investments of their schemes beyond the expiry of tenure.
summary of the changes introduced by the Amendment Regulations and the framework clarified / introduced by the SEBI Circulars in the Alternative Investment Funds AIF industry
The introduction of liquidation scheme for alternative investment funds (AIFs) by market regulator Sebi provides an additional avenue for managers and investors to derive the maximum value for unliquidated investments, experts said on Sunday.