Securities Exchange Board of India (SEBI) has allowed 100 entities to set up Alternative Investment Funds (AIFs) – newly created class of pooled-in investment vehicles for
real estate, private equity and hedge funds – in less than two years. The 100 AIFs have been registered with SEBI since July 2012. Out of this, about 11 entities got market regulator’s approval to operate in the country so far this year, 67 in 2013 and the remaining 22 in 2011.
100 AIFs to operate in India
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