PE/VC monthly exits highest ever in November worth $2.7 billion

According to EY’s monhtly PE deal tracker, November 2017 recorded the highest monthly value of exits ever with 25 exits worth $2.7 billion. It was mainly on account of one large open market exit that of Qatar Foundation Endowment selling 5 per cent stake in Bharti Airtel for US$1.5 billion. There were two PE backed IPO in November 2017 which saw Kedaara selling 13.6 per cent stake in Mahindra Logistics for US$65 million and Reliance Alternative Investment Fund selling 33 per cent stake in Khadim for US$68 million.

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Fund managers make switch to high-growth AIF industry

Alternative Investment Funds (AIFs) industry is experiencing the influx of top money managers from broking, asset management, and even PE firms. Marquee fund managers are making the switch to newly introduced alternative investment funds (AIFs), which are seeing a rapid growth in commitments thanks to a spike in the number of wealthy investors.

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Family Business Summit India 2017 – 10th Nov.

Indian Association of Alternative Investment Funds (IAAIF) is supporting the upcoming event, Family Business Summit India 2017 (FBSI17) scheduled on November 10th at Hotel Shangri La in New Delhi.  FBSI17 is being organised by Association of International Wealth Management of India (AIWMI). AIWMI has been instrumental in bringing niche global concepts in the areas of wealth management, credit, alternative investments and family offices through its series of events and conferences.

Family Owned Businesses have very significant economic impact across the globe. In India, it is estimated that Family Owned firms account for nearly 90% of the industrial output and 27% of employment.  However, it is also a fact that approximately 30% of the family firms make it beyond the 2nd generation and only a third of them survive to the 3rd generation.

This inaugural edition of FBSI17 will bring together entrepreneurs from multi-generational businesses and those building a legacy for their next generations to discuss the most pressing issues faced by family business owners and get inspired by some of the most successful family business leaders from across the country.

The Family Business Summit India is based on the concepts of business succession and wealth preservation brought into focus by AIWMI’s flagship event, the Family Office Summit India (FOSI). Beyond that, FBSI17 will also cover important areas of Family Governance, Sustained Togetherness, Competitive Advantage, Investment Trends, Alternative Investments and much more.

This Summit will provide an excellent opportunity to listen and interact with thought leaders and business leaders share their knowledge and experiences. This is an event primarily for business families but is also a learning ground for private bankers, wealth managers and advisors who are looking for a more in-depth understanding of their High Networth clients’ needs and can re-align their strategies according to their requirements.

Event Website- https://bitsy.in/22B0FA

For more details please write to events@aiwmindia.com

SBAI develops cost disclosure for hedge funds

The Standards Board for Alternative Investments (SBAI), formerly the Hedge Fund Standards Board, an industry body, has developed a standardized figure for expenses and fees that it said would allow investors to better understand, compare and monitor costs across hedge funds and other alternative investment products.

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Private Equity Fund Raising Cools Down

After a record-setting second quarter, new commitments to private capital funds fell over the last three months – but 2017 could still finish on a high note. Prequin, in a report released on Tuesday, 3rd Oct ’17, reported a 31% drop in the fund raised during the third quarter.

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Conference on Institutional Participation in Commodity Derivatives Market – 26th Sept

Indian Association of Alternative Investment Funds (IAAIF) is supporting the Conference on Institutional Participation in Commodity Derivative Markets organised by Federation of Indian Chambers of Commerce & Industry (FICCI) on September 26th, at The St. Regis, Mumbai.  

Securities and Exchange Board of India (SEBI) has recently permitted Category III Alternative Investment Funds (AIFs) to participate in the commodity derivatives market, the first category of financial institutions to participate in this market. IAAIF has been proactively engaged with SEBI by way of representations and meetings for allowing Category III AIFs to participate in commodities segment. It is expected that other categories of financial institutions would, similarly, be allowed over time.

Against this backdrop, FICCI, in partnership with MCX Investor Protection Fund and Thomson Reuters is organizing this day-long Conference to delve on the benefits of institutional participation in Commodity Derivatives market as well as the experience in this segment of other Regulators such as U.S. Commodity Futures Trading Commission.

Participants at the Conference would be fund managers from global financial institutions like mutual funds and ETFs active in commodity-based trading and other institutions who would be participating for the first time in India’s commodity markets.

Participation is based on Invitation only, no payment of fee is required.  However due to limited seats pre-registration is important. To register, visit here or please send your details and details of other participants from your organisation to foram@aiwmindia.com

 

3rd Annual Credit Summit India 2017 – 29th Aug, Taj Santacruz, Mumbai

The Credit Summit India 2017 (CSI2017) scheduled on 29th August at Hotel Taj Santacruz, Mumbai, is the country’s largest event attracting  professionals from all credit functions.  This Summit is dedicated to special topics in credit risk measurement and management as well as to the discussion of causes and impacts of events on international financial markets and current regulatory activities in the field. The conference is designed to provide an in-depth insight into credit themes, fixed income securities and trends across all major sectors. It is also expected to expand the knowledge on the functioning of the credit / debt business through discussion of both existing and new methods and models of credit analysis, credit risk management and related topics such as relationship lending and regulation.

The conference shall bring together Credit & Fixed Income industry professionals, Regulators, Media, Thought Leaders and Academics active in the field of credit risk management to discuss emerging issues related to: Credit Analysis, Fixed Income, Credit Ratings, Future of Regulations, Credit Portfolio Models & Limitations, Credit Derivatives & Structured Finance, Credit Rating Agencies & Relationship Lending.

Don’t miss out on this biggest and unique gathering of professionals and regulators on Credit. For details on agenda, speakers and to register for the event, please visit: http://www.creditsummit.in/

 

Global Alternative Investment Expo 2017 – 6th Sept ’17

Indian Association of Alternative Investment Funds (IAAIF) is supporting the inaugural Global Alternative Investment Expo, organised by the Association of International Wealth Management of India (AIWMI). The event is scheduled on 6th September 2017 in Mumbai at hotel Taj Lands End. The Expo will be held parallel to the Family Office Summit 2017.

This Expo is a first-of- its-kind platform in India which will bring together some of the best alternative investment opportunities available for the Indian investors today. It will cover different alternative investment classes like Art, Commodities, Collectibles, Startups, Impact Investments, AIFs, Venture Debt, P2P Lending platforms, crowd funding platforms, REITs, InvITs, Incubators, Accelerators etc., including wealth distribution options like philanthropy.

The exhibitors of this Expo will benefit from their interaction with the audience of the 5th annual Family Office Summit India 2017 (including prominent business families, single and multi family offices, leading financial services professionals and private bankers, regulators and media professionals).  The Exhibitors will also have opportunities to conduct focused knowledge sessions during the Expo engaging with the audience.

Alternative Assets 101

Alternative assets are not found in standard investment portfolios. Examples of alternatives include art, precious metals, wine, coins and other collectibles. More traditional alternative investments include private equities, hedge funds, managed futures, real estate, commodities, and derivative contracts. These alternative assets are usually less liquid than traditional investments such as stocks, bonds and cash, and thus, have longer investment terms – usually over 12 months.

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AUM of largest alternative managers up 10% in 2016

The AUM of the 100 largest global alternative asset managers rose 10% to US$4 trillion last year from 2015, with the biggest share belonging to real estate managers, according to a survey by Willis Towers Watson.

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