
FUNDS
SEBI Clarifies Pro-Rata Rights for AIF Investors
The draft circular offers operational clarity on how AIFs should ensure that investor rights remain proportionate (pro-rata) to their commitments.

The draft circular offers operational clarity on how AIFs should ensure that investor rights remain proportionate (pro-rata) to their commitments.

One of the notable decisions taken by SEBI in its recently concluded Board Meeting is to allow AIFs to carry forward unliquidated investments into the Dissolution Period after expiry of the Fund’s tenure.

SEBI has published a paper which sets out proposals aimed at enhancing trust and promoting ease of doing business in the AIF ecosystem