PE, VCs can't stretch fund life to avoid fire sale - Business News: Latest News & Videos about market and economy | Trendmergers

Breaking

Post Top Ad

Post Top Ad

PE, VCs can't stretch fund life to avoid fire sale

Industry officials fear that many funds could now be driven to undertake distress sale of assets to fall in line with Sebi’s observation that “keeping a fund alive until a profitable exit is achieved would set a wrong precedent and would have an adverse impact on the objective and development of the securities market.”

from Stocks-Markets-Economic Times
Read The Rest:economictimes...

Post Top Ad