Several closed-ended alternative investment funds (AIFs), which had launched in the past two years and were in the process of completing the fundraising process after March, have sought to extend their fundraising in the aftermath of the Covid-19 pandemic, said people in the know. Most private equity-focused AIFs are structured as closed-ended funds, with a defined tenure for fundraising and fund deployment, as well as exit.
RBI not likely to cut interest rates soon; how this delay can impact bond investors, what they should do
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