fund houses: ‘Concentrated’ AIFs need stricter rules to stop misuse: Fund Houses
Mumbai: Concentrated and inter-connected private equity and venture capital funds (CIFs), where one or a handful of investors call the shots, should be the regulator’s focus in plugging sharp practices, according to views emerging among several fund houses. Such CIF vehicles, they believe, must comply with extra compliance standards to minimise the use of fund … Read more
