https://www.taxtmi.com/notifications?id=136897 Amendments define Co-investment and require that co-investments by Managers, Sponsors or investors of Category I and II funds be through a Coinvestment Portfolio Manager; co-investment terms must not be more favourable than the Fund's terms and exits must be identical for co-investments made after commencement. Category III funds face caps on investment in listed equity and in non listed securities of an investee company, with higher limits permitted for large value accredited investor funds. Managers are barred from advising investors on investee company securities except clients of the Coinvestment Portfolio Manager. en-us Tue, 09 Nov 2021 00:00:00 +0530 Wed, 10 Nov 2021 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=136897 Amendments define Co-investment and require that co-investments by Managers, Sponsors or investors of Category I and II funds be through a Coinvestment Portfolio Manager; co-investment terms must not be more favourable than the Fund's terms and exits must be identical for co-investments made after commencement. Category III funds face caps on investment in listed equity and in non listed securities of an investee company, with higher limits permitted for large value accredited investor funds. Managers are barred from advising investors on investee company securities except clients of the Coinvestment Portfolio Manager. Notifications SEBI Tue, 09 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136897