Kochhar & Co advises Grip FIO Advisors on launch of Grip PrimeYield – I
Grip PrimeYield – I is a Category II Alternative Investment Fund scheme established by Grip FIO Advisors LLP, the Investment Manager to the existing Grip Fixed Income Opportunities Trust (SEBI registration IN/AIF2/23-24/1284). The scheme focuses on diversified debt and debt-related instruments including non-convertible debentures, corporate bonds, structured credit instruments and securitised debt instruments, with emphasis on investment-grade opportunities and short-duration exposures. Kochhar & Co provided legal counsel on Indian regulatory aspects of fund structure and drafted all relevant documentation.
Why it mattersCategory II debt AIFs must navigate post-May 2025 SEBI amendments treating listed debt rated 'A' or below as equivalent to unlisted securities for regulatory compliance-a structuring precedent for debt-focused alternative funds in India's evolving investment landscape.
CounselKochhar & Co
SectorFinancial Services
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Sources
- Bar & Bench
- LinkedIn (Ketan Mukhija Profile)
- Grip Fixed Income Opportunities Fund (Official Website) · official
- NSDL (Depository) · official
- Lexology & Corporate Law Tracker (SEBI AIF Regulations Analysis)
- Business Standard (SEBI AIF Relaxation, May 2025)
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