Sebi has reconstituted its alternative investment policy advisory committee, which advises the capital markets regulator on a range of issues that impact further development of the AIF space.
The committee has now 25 members, as per latest update with the Securities and Exchange Board of India (Sebi).
The panel, which was constituted by Sebi in March 2015, had 20 members when it was last rejigged by the regulator in February 2022.
Till now, the committee has submitted three reports on the AIF (Alternative Investment Fund) industry.
The committee is chaired by Infosys co-founder N R Narayana Murthy.
Apart from Murthy, the committee includes members from Sebi, Ministry of Finance, AIF players and industry associations.
Sebi has replaced Renuka Ramnath, who was chairperson of Indian Private Equity and Venture Capital Association (IVCA), from the list with the association’s new chairman Karthik Reddy.
In addition, the regulator has added Rajiv Dhar, who was appointed as Managing Dir
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