Private Placement Memorandum Alternative Investment Funds (“AIFs”/ “Funds”) are privately pooled investment vehicles which collects funds from investors, whether Indian or foreign, for investing such funds in accordance with a defined investment policy for the benefit of their investors. AIFs in India are governed by the Securities and Exchange Board of India (Alternative Investment Regulations), 2012 (“AIF Regulations”) and regulated by the Securities and Exchange Board of India (“SEBI”). AIF Regulations are based on the premise that AIFs are a high-risk asset class, in which only sophisticated and well-informed investors participate. AIF Regulations, therefore, emphasize on the investors being informed of all material information regarding the AIFs and whenever any material changes are introduced therein, investor consent is sought prior to executing such changes. To read more about the structure of an AIF and key participants involved in the AIFs, please click here . Private Placeme
Khaitan and SAM claim the No.2 & No. 3 slots AZB & Partners (AZB) topped the Venture Intelligence League Table for Legal Advisor to M&A Transactions for Q1 2022. AZB advised 22 M&A deals worth $4.8 Billion. It was followed by Khaitan & Co. ($3.95 Billion across 25 deals) and Shardul Amarchand Mangaldas (SAM) ($3.91 Billion across 11 deals) in the second and third spots respectively. K Law ($3.6 Billion across 6 deals) took the fourth spot with Baker McKenzie and Goodwin Procter ($3.3 Billion across 1 deal) completing the top five. The Venture Intelligence League Tables , the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Among the larger M&A deals during Q1 2022, SAM, K Law, Baker Mckenzie, and Goodwin Procter advised the $3.3 Billion acquisition of Viatris’ biosimilars business by Biocon Biologics (a subsidiary