SEBI may allow AIFs to ‘exclude’ investors from certain investments

The Securities and Exchange Board of India (Sebi) is planning to mandate the managers of alternative investment funds (AIFs) to exclude certain investors while making investments, in a bid to address concerns about the evergreening of loans at the fund level.

Khushboo Tiwari from Business Standard writes on “Sebi may allow AIFs to ‘exclude’ investors from certain investments” with expert comments from our Partner Vinod Joseph.

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