The Securities and Exchange Board of India (SEBI) has resolved previous issues with the Alternative Investment Fund (AIF) industry, according to Whole Time Member Ananth Narayan G. Speaking at a Confederation of Indian Industry event, he noted that two years ago, some AIFs were structured to bypass financial regulations. However, collaboration between SEBI, stakeholders, and the Indian Venture and Alternate Capital Association (IVCA) has addressed these concerns. Narayan described the AIF industry as a quietly successful segment that is growing rapidly, with total commitments reaching Rs 13 lakh crore by December 2024.