Standard Capital Markets Enters Alternative Investment Fund Space as Sponsor and Settlor

Standard Capital Markets Ltd. has announced its entry into the Alternative Investment Fund (AIF) sector by joining as a sponsor and settlor for a Category III AIF. The company plans to invest ₹500 million in the fund's first scheme, marking a significant strategic move. This initiative aligns with Standard Capital Markets' broader strategy to diversify its financial services portfolio and tap into the growing AIF market in India. As a Non-Banking Financial Company (NBFC), Standard Capital Markets aims to leverage its expertise in financial services to support the fund's investment objectives. The company's foray into AIFs reflects its commitment to expanding its presence in the Indian financial sector.

 

Source: Business Standard, Moneycontrol