Venture Intelligence (TSJ Media Pvt. Ltd.)
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AIF managers have to pass certification exam
Fund managers of alternative investment funds (AIFs) will now have to clear a certificate examination from the National Institute of Securities Market (NISM) to be eligible to run such funds.At least one key personnel from the key investment team of the manager of an AIF will have to obtain a certification by passing the NISM Series-XIX-C: Alternative Investment Fund Managers Certification Examination.Existing fund managers will have to clear the examinations every three years, similar to what’s been mandated for registered investment advisors.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.