Kochhar & Co. Advises Grip FIO Advisors LLP On Launch Of Grip PrimeYield– I, Category II AIF Scheme
Kochhar & Co. has advised Grip FIO Advisors LLP, the Investment Manager to Grip Fixed Income Opportunities Trust, in connection with the establishment and launch of Grip PrimeYield–I, a Category II Alternative Investment Fund (AIF) scheme.
The Scheme is focused on investments in diversified debt and debt-related instruments, including non-convertible debentures, corporate bonds, structured credit instruments and securitised debt instruments, with an emphasis on investment-grade opportunities and short-duration exposures.
Kochhar & Co. acted as legal counsel to the Investment Manager in connection with the establishment of the Scheme and advised on the Indian legal and regulatory aspects of the fund structure, together with drafting and finalisation of all relevant documentation in respect thereof.
The transaction was led by Ketan Mukhija, Partner, with support from Deepanshi Trivedi, Senior Associate, and Anshu Gupta, Associate.