The Securities and Exchange Board of India’s recent proposals on maintaining pro-rata rights of limited partners, or investors, in private equity, venture capital and other alternative investment funds (AIFs) may resolve two key practical problems fund managers face frequently, legal experts say.
Pro-rata rights refer to investors’ rights that are in proportion to their ……
This is a Premium article. Please subscribe or log in to read the full story!
Here’s a selection of our recent premium content.
Already a member? Click here to log in.