The ‘Alternative Investment Policy Advisory Committee’ (AIPAC), constituted by SEBI under the chairmanship of Shri. N. R. Narayan Murthy has recently submitted its first report to SEBI with various recommendations towards the development of the alternative investments sector.

In order to take into consideration the views of various stakeholders, public comments are solicited on the said report as placed at Annexure.

We at IAAIF, on behalf of our Members, would like to submit our response to SEBI on this report.

Request you to please share your comments latest by February 5th at

We shall collate all the comments and present it to SEBI,

Thank You,


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