fund houses: ‘Concentrated’ AIFs need stricter rules to stop misuse: Fund Houses

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

Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying

Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying

Reddit didn’t immediately respond to a request for comment for this story. Unwanted Offer Reddit’s investment offer to users is known as the Directed Share Program. “Because you have helped make Reddit what it is today, you now have the opportunity to become Reddit owners at the same price as institutional investors,” the company wrote … Read more

Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian

Reddit’s IPO Filing Is Missing Something: Cofounder Alexis Ohanian

Reddit cofounders Steve Huffman and Alexis Ohanian spent about eight straight years living together, initially as college room mates, playing World of Warcraft late into the night and later working together on the foundations of the discussion forums service now frequented by nearly 270 million people. But that history was missing from Reddit’s sales pitch … Read more

5 expected IPOs in January that will spark primary market momentum in 2024 – Upcoming IPOs

5 expected IPOs in January that will spark primary market momentum in 2024 – Upcoming IPOs

Bajaj Finance. Share Price 7705.55 04:14 PM | 04 Jan 2024 320.75(4.34%) Tata Consumer Products. Share Price 1125.55 04:14 PM | 04 Jan 2024 40.60(3.74%) NTPC. Share Price 317.10 04:14 PM | 04 Jan 2024 10.91(3.55%) Oil And Natural Gas Corporation. Share Price 214.65 04:14 PM | 04 Jan 2024 6.41(3.07%) IndusInd Bank. Share Price … Read more