With tighter AIF norms, fund managers mull offshore route - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
On December 19, 2023, the Reserve Bank of India (RBI) restricted banks, non-banking financial companies, financial institutions, asset reconstruction companies and other entities qualifying as ..
The new rule allows such investments to be either sold to a new scheme of the same AIF - liquidation scheme or distributed in-specie to the investors of the original AIF. An in-specie distribution involves the distribution of the investments such as shares or other securities of the AIF to its investors, instead of returning their capital in the form of cash.
Sebi rolls out liquidation schemes for alternative investment funds financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Sharma specialises in structuring, regulatory and taxation, venture capital funds, foreign investments, and private equity funds..
Apart from AZB, Sharma also worked at Nishith Desai Associates and Khaitan & Co.
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