AVCA - The African Private Capital Association’s Post

SEBI has notified SEBI (Alternative Investment Funds) (Amendment) Regulations, 2024 dated 5th January, 2024 and further issued Circular dated January 12, 2024 introducing Guidelines for AIFs with respect to holding investments in dematerialised form and appointment of custodian. Transique Corporate Advisors has analyzed the amendments introduced and summarized the amendments along with the guidelines, providing a holistic insight. Please feel free to raise queries, if any at info@transique.in Thanks and Regards, Team Transique #transique #transiqueinsight #sebi #regulatory #legaladvisory #consultancy #AIF #Fundregistration #CapitalMarket Deepika Vijay Sawhney Chander Sawhney Inder Kalra

VinaCapital Vietnam Opportunity Fund (VOF) holds a high-conviction, concentrated portfolio of equity and debt-like investments in listed and unlisted Vietnamese companies. Watch this equity proposition video to learn key reasons why VOF represents an exciting investment case: https://lnkd.in/ehHrgz_E

Introducing Epiidosis Global Finance (EGF), a dynamic consulting and advisory wing of EPIIDOSIS INVESTMENTS LLC. At EGF, we help our clients with services involving ESG and Sustainability, Trade Finance and Investment and Banking Consultancy and advisory. Check out our website and swipe below to learn more about our services and how we can help guide through financial complexities. https://lnkd.in/g3gaxcZd #advisory #consultancy #finance #ESG #tradefinance #sustainability #banking #epiidosis #epiidosisglobalfinance

SEBI: SEEKS TO REVISE FORMAT OF COMPLIANCE REPORTS TO BE FILED BY FOREIGN VC INVESTORS   SEBI issues Consultation Paper on reporting by Foreign Venture Capital Investors (FVCI), invites public comments by August 29; States that there is need for revising the format for filing of quarterly compliance reports by FVCI, in line with the amendments to FVCI Regulations recently approved by SEBI Board, to be notified in due course; SEBI proposes that the quarterly report shall be submitted by FVCI online on the SEBI intermediary portal, within 15 days from the end of each quarter; According to the proposed revised format, FVCIs are to provide general information about them, including SEBI registration number, date of grant of such registration, date of incorporation, country of incorporation, category of FVCI, and principal place of business; Additionally, they are required to provide details of Directors, Cumulative details of the funds raised & invested by all schemes under the fund, Brief Investment details of the FVCI in India, as also their industry wise investment.

#SRP continued to review the performance of funds of structured products. In part 3 of our roundup, we reviewed how funds from Peru, Luxembourg, the UK, Ireland, and Canada performed during H1 2024. “The equity market was very strong in H1, but its return was heavily concentrated in large-cap and AI/semiconductor names, making it difficult for stock-picking strategies to outperform the market,” said Adrien Verhée, CFA, head portfolio manager at Zest Capital Peru, which manages Fondo Zest Estructurado Dr. Dmitry Reykhart, chairman of the board at Forte Pharma Fund, which invests in #structurednotes linked to underlyings from the global pharmaceutical and biotechnology sectors, added: “We expect even more favourable performance of the constituents of our portfolio in the second half of the year, based on specific company drivers as well as an overall change in sentiment towards the sector and ongoing rotation from Big Tech to value-based sectors.” Other funds reviewed include the Lowes Financial Management Defined Strategy Fund, Causeway Securities Defined Growth Fund, IDAD UK Refined Growth Fund, and Ninepoint Partners Target Income Fund. Read the full article here (member access): 💡 http://spr.ly/6040ltGQn #structurednotes #autocallables

Understanding the complexities of NPPRs is crucial for non-EU fund managers looking to market in the EU. https://okt.to/wnuTPo Learn more in our blog which explores: ❇️ The challenges in key markets like France, Austria, Italy, and Spain ❇️ Narrow exemptions that may offer opportunities in specific cases We’re collaborating with Paul Hastings to assist with EU and UK marketing enquiries, ongoing investor reporting requirements, and SFDR compliance through our team at our ESG sub brand Holtara. Read the blog to find out how we can help you navigate NPPRs. #AIFMD #NPPR #FundMarketing #RegulatoryCompliance #WeAreApex | Marc van Rijckevorsel | Alyson Yule | Zach Milloy

Cyprus is fast becoming a top destination for alternative investment funds and asset managers. CIFA will have the opportunity to present the country’s strong regulatory framework, local expertise, tax advantages, and strategic access to global markets during a dedicated event in Athens.  #cyprusfunds #fundmanager #eleoncapitalmanagement #investingincyprus #aif

In order to streamline the transition to the amended Foreign Venture Capital Investors (“FVCIs”) regime, SEBI has issued new operational guidelines for FVCIs and Designated Depository Participants (“DDPs”). These guidelines are effective from January 1, 2025. Under the guidelines, SEBI has outlined procedures for FVCI registration, activities and compliance requirements and specified the role of DDPs. The guidelines include the appointment of a DDP by an FVCI to conduct due diligence concerning the continuance of registration as an FVCI. Failure to do so by March 31, 2025, shall result in the FVCI being disallowed from making any further investment. Further, in case of such failure, the FCVI shall mandatorily be required to liquidate assets in listed securities by March 31, 2026, and other investments by March 31, 2027. The guidelines have also mentioned that the DDP shall be responsible for monitoring compliance by the FVCI of the conditions laid down by SEBI. https://lnkd.in/gJVThVtq #SEBI #FVCI #ForeignInvestment #VentureCapital #legalupdates #legalinsights #aarambhlegal

🌍 CIFA Roadshow in Athens Cyprus is fast becoming a top destination for alternative investment funds and asset managers. CIFA will have the opportunity to present the country’s strong regulatory framework, local expertise, tax advantages, and strategic access to global markets during a dedicated event in Athens. Participants will gain valuable insights into how Cyprus can support their future growth. NOTE: This is a closed event, open only to invited participants. 🔗 Stay tuned for more details! Organized in cooperation with the Hellenic Fund and Asset Management Association (HFAMA). #fundmanagement #cyprusfunds #InvestInCyprus #Athens2024 #InvestmentOpportunities

What has the Net-Zero Asset Owner Alliance (#NZAOA) achieved since its launch in 2019? To answer this question and mark its five-year anniversary, the Alliance is launching a video series to highlight the five key milestones of its history. This first video reflects on the remarkable annual growth of NZAOA, from an initiative of 12 founding members to a global alliance of 88 institutional investors, spanning 19 countries and representing US$ 9.5 trillion in assets under management. As the NZAOA continues to grow, members remain committed to driving systemic change and achieving #netzero in investment portfolios by 2050. To learn more about Alliance’s growth and other milestones, see the full article here: https://lnkd.in/gjvun-Tk #SustainableFinance #ClimateWeekNYC