IFSCA Proposes Differential Distribution in Funds to Boost Blended Finance in GIFT City
IFSCA Proposes: The International Financial Services Centres Authority (IFSCA) has proposed a framework allowing fund managers operating out of GIFT City to issue multiple classes of units with differential distribution rights. The move aims to promote blended finance structures, which combine concessional or philanthropic capital with private investment to fund socially beneficial but commercially less … Read more