Our Investment Funds team specializes in setup, structuring, and compliance of Alternative Investment Funds (AIFs) in India and Gift City. With a team of seasoned legal professionals, we combine in-depth regulatory knowledge, innovative structuring capabilities, and practical expertise to help our clients navigate the complexities of fund creation and management under the SEBI (Alternative Investment Funds) Regulations, 2012, International Financial Services Centres Authority (Fund Management) Regulations, 2025 and other related regulations.

Our services cater to fund managers, institutional investors, high-net-worth individuals, family offices, and corporate entities looking to establish or invest in AIFs across all categories—Category I, II, and III or any Fund Management Entity in Gift City.

Following services are offered by VA and and/or through other relevant professionals required for the setting up of funds in India/ Gift City and their compliance thereafter:

Fund set-up services (End-to-end – legal, taxation, merchant banker, trusteeship services, share transfer agent services, custodian and other allied services):

Fund Set-up Services

LEGAL SERVICES

• Understanding the investment strategy, key commercial aspects, investor profile etc. for the proposed structure
• Formation of Limited Liability Partnership in India to act as an Investment Manager
• Providing advice on the constitution, ownership/ management structure of the AIF/ FME related entities
• Assist in following fund documentation:
  • Private Placement Memorandum (PPM)
  • Trust Deed
  • Contribution Agreement
  • Investment Management Agreement
• Assist in preparation of Form A and providing responses on follow-up queries from SEBI/ IFSCA

MERCHANT BANKER

• Liaising to appoint Merchant banker and obtain due diligence certificate from the merchant banker

TRUSTEESHIP, SHARE TRANSFER AGENT, CUSTODIAN AND OTHERS

• Formation of trust and Liaising to appoint trustees to provide trusteeship services
• Liaising to appoint RTA to providing services as share transfer agents for dematerialization of shares
• Liaising to appoint custodian to provide Custody and other allied services

Fund Compliance Services:

In addition to the fund set-up services, we assist the clients with the ongoing compliances with RBI, SEBI, benchmarking agencies etc. We also help in audit of the PPM of the AIFs.