SEBI has reconstituted its alternative investment policy

Solution

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.    The committee is chaired by Infosys co-founder N R Narayana Murthy. Apart from Murthy, the committee includes members from SEBI, the Ministry of Finance, AIF players and industry associations.  The panel is mandated to advise SEBI on any hurdles that might hinder the development of the alternative investment industry and any other item relevant to the segment as well as the development of the startup ecosystem in India.Also, the committee has been entrusted with the task of advising SEBI on any issues which need to be taken up with other regulators for the development of the alternative investment industry.