Tuesday, 1 December 2015
Last updated 20 hours ago
Oct 9 2012 | 10:57am ET
India's market regulator has given its blessing to two more alternative investment funds, bringing the number of such funds in the world's second-largest country to nine.
The approvals for the Dicci Trust and Real Estate Opportunities Trust came last month and this month, less than a month after they applied. At least 18 more applications to launch alternative investments funds are on the Security and Exchange Board of India's desk.
India approved its first seven hedge funds in July and August. The regulator promulgated new rules covering alternative investments in April.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…