Photo of Vidhi Dedhia

Vidhi Dedhia

Associate in Funds Practice at the Mumbai office of Cyril Amarchand Mangaldas. Vidhi can be reached at vidhi.dedhia@cyrilshroff.com

Beyond CPMS Route: SEBI Unlocks Co-Investment Schemes for AIFs

Summary: SEBI has introduced new Amendment Regulations and a CIV Circular allowing Category I and II AIFs to offer co-investment opportunities through Co-investment Schemes (CIV schemes). This provides an alternative to the existing Co-investment Portfolio Manager route under PMS Regulations. The new framework addresses limitations like additional registration costs and investor profile concerns. Key features