Sunday, 1 March 2015
Last updated 2 days 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…