https://www.taxtmi.com/notifications?id=136906 Creates a Co-investment Portfolio Manager category for Managers of Category I/II AIFs who serve only investors of such AIFs and invest solely in unlisted securities of the same investee companies; aligns definitions with AIF Regulations; permits designation of a Key Investment Team member meeting AIF principal-officer criteria as principal officer. Carves out specified regulatory requirements for Co-investment Portfolio Managers, requires 100% of AUM to be invested in relevant unlisted investee companies, mandates that co-investor terms and exit timing be no more favourable or different from the AIF, and allows performance calculation as agreed with clients; updates Form A and disclosure provisions accordingly. en-us Tue, 09 Nov 2021 00:00:00 +0530 Thu, 11 Nov 2021 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=136906 Creates a Co-investment Portfolio Manager category for Managers of Category I/II AIFs who serve only investors of such AIFs and invest solely in unlisted securities of the same investee companies; aligns definitions with AIF Regulations; permits designation of a Key Investment Team member meeting AIF principal-officer criteria as principal officer. Carves out specified regulatory requirements for Co-investment Portfolio Managers, requires 100% of AUM to be invested in relevant unlisted investee companies, mandates that co-investor terms and exit timing be no more favourable or different from the AIF, and allows performance calculation as agreed with clients; updates Form A and disclosure provisions accordingly. Notifications SEBI Tue, 09 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136906