SEBI set to tighten promoter-PE fund profit-share norms

SEBI is set to tighten corporate governance rules on profit-sharing agreements between promoters and private equity funds. With a view to align its rules with that of RBI, SEI is considering allowing foreign portfolio investors to buy unlisted non-convertible debentures and securitiesed debt instruments. SEBI will also cut minimum investment requirements for angle funds.

Read More…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s