Gaja Alternative Asset Management gets SEBI nod for new fund
The term of Gaja Capital India Fund V will begin from its initial closing and run for 10 years, with an option to extend the fund by two additional one-year periods
The Securities and Exchange Board of India (SEBI) has granted Gaja Alternative Asset Management approval to launch Gaja Capital India Fund V as a Category II Alternative Investment Fund (AIF). This new fund will operate for a decade, with the possibility of extensions, starting from its initial closing. Gaja Alternative Asset Management will manage the fund, and its formation aligns with the company's strategy to expand operations through the establishment of new funds.
The SEBI decision was made shortly after Gaja Alternative Asset Management made its initial public offering on the stock market last Wednesday.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Gaja Alternative Asset Management gets SEBI nod for new fund thehindubusinessline.com
