JM Financial Asset Management has announced the launch of its first pre-IPO Alternative Investment Fund (AIF), “The Pre-IPO Fund,” under Category II. Approval for the fund was recently granted by the Securities and Exchange Board of India (SEBI), marking a strategic expansion of the firm’s AIF division into the fast-growing pre-IPO investment space.
The launch of the Pre-IPO Fund aims to build a comprehensive AIF ecosystem to support India’s next wave of enterprise growth. The platform is structured to provide specialised capital solutions…

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