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Why it's high time to amend alternative funds regulations

Sebi reports more than 40 cases, about โ‚น30,000 crore (around 3% of a โ‚น9.5 lakh crore industry), where AIFs appear to have been structured to facilitate circumvention of regulations. Sebi identifies the critical problem - most of the identified cases of circumvention had a single investor, or investors of the same group, i.e., narrow and connected investors, having majority contribution in or exercising control over the AIF.
Alternative Funds Regulations

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