Friday, 22 May 2015
Last updated 6 hours ago
Apr 23 2013 | 12:41pm ET
India's nascent hedge fund industry is growing apace.
The country's Securities and Exchange Board has given approval to 47 alternative investment funds. Most of the new funds received the green light in November, February and March.
SEBI issued the rules creating AIFs a year ago, but had approved only 12 through October.
Among the new entrants to the Indian hedge fund market are Ambit Alpha Fund, Arthveda Alternative Investment Trust, Karvy Capital Alternative Investment Trust, Motilal Oswal Alternative Investment Trust and HDFC AMC Real Estate.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…