SEBI to Ease Accredited Investor Rules for AIFs; Announcements Expected Soon

• SEBI's Executive Director, Dr Ruchi Chojer, announced plans to ease aspects of the accredited investor (AI) framework for Alternative Investment Funds (AIFs).
• Announcements regarding these changes are expected soon, addressing concerns raised by wealth managers and industry participants.
• Concerns include the availability of accredited investors and issues related to disclosure requirements for obtaining accreditation.
• Chojer highlighted SEBI's proposed blended finance norms, allowing AIFs to combine concessional and commercial capital.
• AIFs are deemed critical for India's capital markets, long-term financing needs, and achieving net-zero targets by 2070, requiring over $10 trillion.

Why It Matters: SEBI is simplifying AIF investor rules to boost market development and address industry concerns.