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Prime Securities' Subsidiary Ventures into Alternative Investment Fund Space Mar 12, 2025
More news about Prime Securities
11Mar 25
Prime Securities' Subsidiary Ventures into Alternative Investment Fund Space
Prime Securities Limited's subsidiary, Prime Research and Advisory Limited, is establishing an Alternate Investment Fund (AIF). Two new entities will be created: Prime Litmus Investment Management Limited as the Investment Manager, with a ₹15 million investment for a 75% stake, and Prime Litmus Investment LLP as the Sponsor, with a ₹50 million contribution. The setup process, subject to regulatory approvals, is expected to complete within six months.