Tag: Fund Management Regulations 2025

GIFT City & IFSC LawFund Management & AIF in GIFT IFSC

When the Fund Manager Is the Fraud Victim — And Still the Noticee: Lessons from IFSCA’s Interim Order in the We Founder Circle Matter

CS Prashant Kumar

IFSCA’s ex-parte ad-interim order against We Founder Circle Angel Accelerator LLP offers a critical compliance lesson for every FME at GIFT IFSC. Although the fund manager was itself a victim of a USD 100,000 cyber fraud, IFSCA directed it to earmark an equivalent amount and restricted new scheme launches. Here are seven key lessons on fiduciary responsibility, payment controls, investor communication and regulatory response.

GIFT City & IFSC LawFund Management & AIF in GIFT IFSC

The Four Fund Vehicles in GIFT IFSC, Compared: Venture Capital, Restricted, Retail & Special Situation Funds

CS Prashant Kumar

Choosing the right fund vehicle is one of the most important decisions for any fund manager entering GIFT City. This guide compares Venture Capital Schemes (VCS), Restricted Schemes, Retail Schemes, and Special Situation Funds (SSF) under the IFSCA (Fund Management) Regulations, 2025, helping managers understand investor limits, minimum investments, FME requirements, leverage rules, corpus thresholds, and launch pathways.

GIFT City & IFSC LawFund Management & AIF in GIFT IFSC

Why the 2025 IFSCA Fund Management Regulations Mark GIFT IFSC’s Institutional Coming of Age

CS Prashant Kumar

The 2025 IFSCA Fund Management Regulations fundamentally reorient GIFT IFSC’s regulatory philosophy — from entry facilitation toward governance-led institution building. For fund managers, family offices, and global allocators, the implications go well beyond compliance. This is GIFT IFSC’s institutional coming-of-age moment.