India's market regulator is proposing changes to speed up fundraising for alternative investment funds. A new green channel would allow certain schemes to launch immediately while waiting periods for regular schemes would be reduced.
Sebi is proposing changes to speed up fundraising for alternative investment funds. A new 'green channel' will allow certain schemes to launch immediately. The waiting period for regular AIF schemes will be reduced. Accredited investors and angel funds will see greater flexibility, with direct filings replacing merchant banker involvement.