SEBI has allowed co-investment to be offered as a dedicated scheme within the main AIF structure. What is the investment limit by an investor in a single company under this scheme? 

A co-investment allows an accredited investor to invest directly into a specific company alongside the main AIF, rather than investing only through the AIF's pooled money. This provides investors with a chance to increase their exposure to certain companies they believe in, outside of the pooled AIF structure. • The AIF can have a Co-Investment Vehicle (CIV) that allows co-investments to be structured as a separate, independent scheme under the umbrella of an AIF. • Co-investment opportunities are restricted to accredited investors. • Co-investments are typically made in the unlisted securities of the investee company.  • This framework applies to Category I and Category II AIFs. • An investor's co-investment in a single company cannot exceed three times their contribution in the main AIF scheme (with some exceptions).