SEBI initiates ‘Roll-Over’ of Tail End AIF assets: A fresh start for Aging Funds?

Close-ended alternative investment funds (AIFs) have faced issues such as lack of liquidity, and regulatory hurdles while liquidating their assets towards the expiry of their tenure. Realizing these concerns, the securities markets regulator, SEBI, had recently approved, via a press release, the option of allowing carry forward of unliquidated investments beyond the currently allowed tenure of AIFs.

Against this backdrop, Manendra Singh, Partner and Varun Kaka, Senior Associate, Economic Laws Practice (ELP) have analyzed the said proposal in their article titled, SEBI initiates ‘Roll-Over’ of Tail End AIF assets: A fresh start for Aging Funds? published by Taxmann.

Read the article here: https://rb.gy/cu972