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 permission to establish Gaja Capital India Fund V, designating it as a Category II Alternative Investment Fund (AIF). This fund will operate for a 10-year term, with the possibility of extension by two additional one-year periods following its initial closing.
Gaja Alternative Asset Management will serve as the investment manager for the fund, aligning with the company's strategy to expand its operations through the creation of new funds and the pursuit of growth objectives. This approval was granted just days after Gaja Alternative Asset Management made its initial public offering on the stock market.
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- Gaja Alternative Asset Management gets SEBI nod for new fund thehindubusinessline.com
