EIF Impact Fund Series - 1A sponsored by Planner India (P) Limited has recently got registered with SEBI as an AIF Category I Fund, under sub-category of Social Venture Fund with a corpus of INR 100 crore. The transaction is also significant as out of 268 AIFs already registered with SEBI, only 7 were operating as Social Venture Funds, EIF being the most recent is 8th Social venture Fund in form of AIF.
Corporate Professionals rendered end-to-end advisory towards AIF registration
The Team ‘Corporate Professionals’ headed by Ms. Deepika Vijay Sawhney, Partner and Head, Securities Law and Transaction Advisories, acted as Legal Advisors for Planner India (P) Ltd and provided end- to- end strategic & legal advisory, documentation, registration services towards obtaining registration with SEBI as Category I AIF.
About Planner’s Social Venture Fund
EIF Impact Fund - 1 is formed with an objective to invest in Social Sector impacting projects in tier II and III cities and districts across India, the prime focus of Fund shall be towards eliminating poverty, generating employment and creating institutions to support the human capabilities. The sectors specifically identified by the Fund are:
- Agro-energy & Agro Supply Chain
- Financial Inclusions
- Healthcare in tier II & III Cities
- Affordable housing finance etc.
- Education and Skill development Centre.
The Fund will invest nearly 75% of its assets/funds in securities/instruments of the entities engaged/involved in these identified sectors.
About Corporate Professionals
Corporate Professionals is a group of highly skilled and dedicated professionals with unique consulting background that offers world class multi-disciplinary legal, financial and business advisory services. It possesses specialized team having experience of over 14 years in Securities & allied laws and provides end-to-end legal and transactional advisory services to Listed Companies, Investors and Capital Market Intermediaries like Stock Brokers, Fund houses, Private Equity Players etc.
As Corporate Legal Advisors it endeavour providing high quality comprehensive Corporate and Regulatory services in the area of Corporate Restructuring, Securities Law & Capital Market Advisory , Corporate Law Advisory & Due Diligence, Forex & Overseas Transactions, Global Business Structuring, India Entry Services, Deal & Commercial Agreements, Intellectual Property rights. Aiming to become a one-stop-mall offering integrated legal and financial solutions, Corporate Professionals has also distinctively positioned itself as a SEBI Registered (Category-I) Merchant Banker for boutique Investment Banking & Transaction Advisory services
It has successfully engaged in and executed over 35000 assignments of more than 1000 corporate houses domestic as well international, across several industries, to the best of satisfaction of clients.
You may see more about us at www.corporateprofessionals.com
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