SEBI provides clarifications on AIF norms’ amendment
The Hindu
Through a notification issued on November 9, SEBI amended Alternative Investment Funds Regulations, 2012.
Markets regulator SEBI has come out with clarifications with respect to the latest amendment to norms governing alternative investment funds (AIFs).
, SEBI amended Alternative Investment Funds Regulations, 2012.
It allowed category III AIFs, including large value funds for accredited investors of category III AIFs, to calculate the concentration norm based on net asset value (NAV) of the fund for investment in listed equity of an investee company.
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