{"id":2481,"date":"2025-09-16T02:46:40","date_gmt":"2025-09-16T02:46:40","guid":{"rendered":"https:\/\/bhatiabhola.com\/?p=2481"},"modified":"2025-09-16T02:46:41","modified_gmt":"2025-09-16T02:46:41","slug":"sebi-circular-dated-09-09-2025-framework-for-aifs-to-make-co-investment-within-the-aif-structure-under-alternative-investment-funds-regulations","status":"publish","type":"post","link":"https:\/\/bhatiabhola.com\/index.php\/blog\/2025\/09\/16\/sebi-circular-dated-09-09-2025-framework-for-aifs-to-make-co-investment-within-the-aif-structure-under-alternative-investment-funds-regulations\/","title":{"rendered":"SEBI Circular Dated 09\/09\/2025 &#8211; Framework for AIFs to make co-investment within the AIF structure under Alternative Investment Funds Regulations\u00a0\u00a0"},"content":{"rendered":"\n<p>The amendment allows Category I and II AIFs to launch co- investment schemes (CIV schemes) for accredited investors, in addition to the existing co-investment route through Portfolio Managers under SEBI Portfolio Managers Regulations. Co-investments by an investor across CIV schemes are capped at three times their contribution in the main AIF scheme, except for certain exempted institutional investors such as sovereign wealth funds and development financial institutions. The restrictions are placed on ineligible investors, leverage indirect exposures, and regulatory compliance to ensure alignment with the AIF Regulations.\u00a0<\/p>\n\n\n\n<p><a href=\"https:\/\/www.sebi.gov.in\/legal\/circulars\/sep-2025\/framework-for-aifs-to-make-co-investment-within-the-aif-structure-under-sebi-alternative-investment-funds-regulations-2012_96506.html\"><em>(Link: SEBI Circular Dated 09\/09\/2025)<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amendment allows Category I and II AIFs to launch co- investment schemes (CIV schemes) for accredited investors, in addition [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[52,57],"tags":[],"class_list":["post-2481","post","type-post","status-publish","format-standard","hentry","category-sebi","category-circulars-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI Circular Dated 09\/09\/2025 - Framework for AIFs to make co-investment within the AIF structure under Alternative Investment Funds Regulations\u00a0\u00a0 - Bhatia Bhola &amp; 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