Merchant banker (AIF filing)
What is Merchant banker in an Indian AIF?
A SEBI-registered merchant banker files an AIF’s private placement memorandum with SEBI and independently certifies that its disclosures are true, fair and adequate. It may not be an associate of the AIF, its sponsor, manager or trustee, and its name is disclosed in the memorandum.
Authority: SEBI circular HO/19/19/11(2)2026-AFD-RAC2/I/17617/2026 dated 30 July 2026
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