Investment Funds, Asset Management & Regulatory Practice
India's investment fund ecosystem is evolving rapidly and our team is deeply embedded in this transformation. We provide end-to-end legal, regulatory and structuring advice to fund sponsors, managers and investors across the entire fund lifecycle from formation to exit.
Overview
Our experience spans the full range of SEBI regulated Alternative Investment Funds (AIFs), including Category I (venture capital, SME and social impact funds), Category II (private equity, credit and hybrid structures) and Category III (hedge funds and long-short strategies). We are regularly engaged on complex mandates involving cross-border fund raises, strategic joint ventures, manager acquisitions, LP-led buyouts and co-investment platforms. We also advise on fund structures based in the International Financial Services Centre (IFSC) at GIFT City, assisting with fund formation, IFSCA approvals and regulatory compliance. In addition, our team has extensive experience with offshore fund platforms in key jurisdictions such as Mauritius, Singapore and DIFC, supporting India-focused strategies with seamless cross-border execution and global alignment. Clients value our technically sound, commercially informed and market-aligned approach to every engagement.
Areas of Expertise
- Full range of SEBI regulated Alternative Investment Funds (AIFs)
- Category I, II and III fund structures and compliance
- Cross-border fund raises and strategic joint ventures
- IFSC and GIFT City fund formation and regulatory compliance
- Offshore fund platforms in Mauritius, Singapore and DIFC
- Manager acquisitions and LP-led buyouts
- Co-investment platforms and hybrid structures
- SEBI, IFSCA and multi-jurisdictional regulatory interface
Key Services
Our comprehensive service offerings in investment funds, asset management & regulatory practice
Fund Structuring & Formation
Advising on fund formation across onshore and offshore jurisdictions, offering tailored structures for Alternative Investment Funds (AIFs) under Category I, II and III in line with regulatory and commercial objectives.
Regulatory Approvals & Compliance
Provide comprehensive regulatory support to SEBI registered intermediaries, including fund managers, brokers, investment advisors, portfolio managers and other market participants. Our services span the full regulatory spectrum, offering end-to-end assistance with registration and interface with SEBI, IFSCA and other regulatory authorities, managing compliance audits, filings and disclosure requirements, preparing for and responding to SEBI inspections and regulatory queries, securing regulatory approvals and maintaining ongoing compliance and advising on and representing clients in SEBI settlement proceedings and assessment proceedings.
Fund Documentation
Draft investor agreements, fund documentation and customized side letters tailored to the specific requirements of fund structures and investor negotiations.
Governance & Risk Management
Establishing governance frameworks, compliance policies and risk protocols for fund operations and regulatory adherence.
Investor & Manager Representation
Representing fund managers and key investors, we facilitate negotiations on investment terms and the modification of fund documents, including the preparation of bespoke side letters.
Why ALP?
Our Investment Funds & Regulatory Practice combines extensive domain expertise with cross-border experience to deliver practical, customized advice grounded in strong commercial and in-house perspectives. We maintain established relationships with regulators and are actively involved in policy formulation, ensuring our clients benefit from current market insights and regulatory developments. Our proven ability to deliver effective solutions within challenging timelines, combined with our technically sound and market-aligned approach, makes us a trusted partner for fund sponsors, managers and investors navigating India's rapidly evolving investment fund ecosystem.