Extension of timeline for complying with the certification requirement for the key investment team of the Manager of AIF

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....ying with the certification requirement for the key investment team of the Manager of AIF 1. In terms of Regulation 4(g)(i) of SEBI (Alternative Investment Funds) Regulations, 2012 ("AIF Regulations"), the key investment team of the Manager of an Alternative Investment Fund (AIF) shall have at least one key personnel with relevant certification as may be specified by SEBI from time to time. The....

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....e to the AIF industry, it has been decided to extend the said timeline from May 9, 2025 to July 31, 2025 to obtain the requisite NISM certification. 5. The provisions of this circular shall come into force with immediate effect. 6. This circular is issued with the approval of the competent authority. 7. This circular is issued in exercise of powers conferred under Section 11(1) of the Sec....