SEBI lays procedure for undertaking co-investment portfolio management service
The Hindu
This comes after SEBI amended rules last month pertaining to portfolio managers to facilitate co-investment by investors of AIF through the portfolio management route.
Capital markets regulator Securities & Exchage Board of India (SEBI), on December 10, came out with the procedure for undertaking co-investment services through portfolio management route.
This comes after SEBI amended rules last month pertaining to portfolio managers to facilitate co-investment by (AIF) through the portfolio management route.
In a circular, the regulator said that a manager of an who is also a registered portfolio manager, and intends to offer co-investment services through portfolio management route, will do so only after prior intimation to SEBI.
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