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Big AIF Rush For Registrations

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Even though the fund-raising environment looks challenging, market regulator SEBI has already registered 67 new private equity funds under the alternate investment fund route. Is this a sign of a turnaround or are these private equity players just 'over prepared'? Prasad Dahapute, MD at Varhad Capital, says fund-raising remains tough right now with no signs of economic recovery for 6-9 months.