SEBI mulling "ring fencing" for AIF schemes: report
Capital market regulator SEBI wants alternative investment fund (AIF) schemes of private equity (PE) and venture capital (VC) firms to be ring-fenced from each other so that any stress and liabilities in one pool of money do not spill over into another. While SEBI's mutual fund (MF) regulations clearly mandate that the assets and liabilities of each scheme are segregated and ring-fenced from other schemes of the MF, there is no similar regulatory prescription under Sebi AIF regulations.
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