PE, VC funds in a bind over Sebi’s AIF norms

Several private equity, venture capital and hedge funds may have to realign some of their investments as the market regulator has put a threshold on the money a fund can invest in a company or another investment vehicle. The Securities and Exchange Board of India (Alternative Investment Funds) (Second Amendment) Regulations, 2021 mainly impact PE and VC funds that are registered under the Alternative Investment Funds 1 & 2 categories and hedge