Data & Intelligence
Alternative Investment Funds Regulation in India: A Changed Regulatory Landscape
Posted On: 05 Aug 2012 | Authors: Vineetha MG, Divaspati Singh and Aditya Jhaveri, AZB & Partners, Advocates & Solicitors
The notification of the SEBI (Alternative Investment Funds) Regulations, 2012 (“AIF Regulations”) on May 21, 2012, marked a watershed moment for the Indian private capital industry. A story that began in the mid 1980’s by Indian financial institutions like ICICI and IFCI has now culminated into a 200–300 fund-strong industry. The provision of a comprehensive, robust regulatory framework is a natural consequence for an industry that has grown admirably, and has played a significant part in the India growth story.
Rashad Kaldany | Executive Vice-President and Growth Markets, CDPQ
David Rubenstein | Co-Founder and Managing Director, The Carlyle Group