The capital markets regulator, in its discussion paper on the topic, had estimated the assets under management (AUM) of "high-risk" foreign funds that must make additional disclosure at ₹2.6 lakh crore as on March 31, 2023.
Flamingo Transworld Unveils the Ultimate European Adventure: Summer Group Tour 2024 aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Medi Assist's Rs 1,100 crore IPO to open on Jan 15 freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Generally, if a special purpose vehicle (SPV) operating an infrastructure project seeks a loan, the bank will insist on promoters pledging shares in the SPV as security. If an AIF is the promoter or controlling shareholder of an SPV operating an infrastructure project, this would be difficult unless the fund can pledge the shares.
The Securities and Exchange Board of India (Sebi) is considering a plan to allow alternative investment funds (AIFs) to pledge their shares in investee companies, a move that would allow these investment vehicles to engage in leverage, said people with knowledge of the matter.