{"id":248776,"date":"2021-05-26T18:39:34","date_gmt":"2021-05-26T13:09:34","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=248776"},"modified":"2021-05-26T18:39:34","modified_gmt":"2021-05-26T13:09:34","slug":"overseas-investment-by-alternative-investment-funds-aifs-venture-capital-funds-vcf-enhanced","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/26\/overseas-investment-by-alternative-investment-funds-aifs-venture-capital-funds-vcf-enhanced\/","title":{"rendered":"Overseas investment by Alternative Investment Funds (AIFs)\/ Venture Capital Funds (VCF) enhanced"},"content":{"rendered":"<p style=\"text-align: justify;\">SEBI has issued a <a href=\"https:\/\/www.sebi.gov.in\/legal\/circulars\/may-2021\/enhancement-of-overall-limit-for-overseas-investment-by-alternative-investment-funds-aifs-venture-capital-funds-vcfs-_50219.html\">circular dated May 21, 2021<\/a> in consultation with the Reserve Bank of India to protect the interests of investors in securities and to promote the development of and to regulate the securities market. Now, the SEBI registered Alternative Investment Funds (AIFs)\/ Venture Capital Funds (VCF) are permitted to invest overseas, subject to an enhanced limit of upto USD 1,500 million. Earlier, the overall limit was of USD 750 million. All other regulations governing such overseas investment by eligible AIFs\/VCFs shall remain unchanged.<\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000080;\">*Tanvi Singh, Editorial Assistant has put this story together.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEBI has issued a circular dated May 21, 2021 in consultation with the Reserve Bank of India to protect the interests of <\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-248776","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Overseas investment by 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The Amendment, 2021 notified on June 25, 2021 provides framework for AIFs to invest simultaneously in units of other AIFs and directly in securities of\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":282077,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/20\/objective-of-amending-the-aif-regulations-2012-to-aif-regulations-2022\/","url_meta":{"origin":248776,"position":2},"title":"Objective of Amending the AIF Regulations, 2012 to AIF Regulations, 2022","author":"Bhumika Indulia","date":"January 20, 2023","format":false,"excerpt":"by Aparna Devkar\u2020","rel":"","context":"In &quot;Op Eds&quot;","block_context":{"text":"Op Eds","link":"https:\/\/www.scconline.com\/blog\/post\/category\/op-ed\/legal-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-145.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":264662,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/03\/29\/sebi-issues-circular-on-calculation-of-investment-concentration-norm-for-category-iii-aifs\/","url_meta":{"origin":248776,"position":3},"title":"SEBI issues circular on calculation of investment concentration norm for Category III AIFs","author":"Bhumika Indulia","date":"March 29, 2022","format":false,"excerpt":"On March 29, 2022, SEBI\u00a0 has issued a circular on calculation of investment concentration norm for Category III AIFs.\u00a0 Regulation 15(1)(d) of SEBI (Alternative Investment Funds) Regulations, 2012 (\u201cAIF Regulations \u201d), has been amended to provide flexibility to Category III AIFs, including large value funds for accredited investors of Category\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"SEBI","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-111-4.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":282994,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/02\/02\/securities-and-exchange-board-of-india-issued-circular-transaction-in-corporate-bonds-through-request-for-quote-platform-by-alternative-investment-funds-to-protect-interests-of-investors-in-securities\/","url_meta":{"origin":248776,"position":4},"title":"SEBI clarifies on Transaction in Corp Bonds via Request for Quote Platform by AIFs","author":"Editor","date":"February 2, 2023","format":false,"excerpt":"On 1-2-2023, the Securities and Exchange Board of India has issued a circular on Transaction in Corporate Bonds through Request for Quote platform by Alternative Investment Funds to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 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