Alternative Investment Policy Advisory Committee (AIPAC)

# Members Details Capacity
1 Mr. N.R. Narayana Murthy
Founder, Infosys Limited		 Chairperson
2 Mr. Srinivasan Varadarajan
Non-Executive Chairman, Union Bank of India		 Member
3 Mr. Manoj Mittal
Chairman and Managing Director, Small Industries Development Bank of India (SIDBI)		 Member
4 Mr. Sanjiv Chadha
Former Managing Director and CEO, Bank of Baroda		 Member
5 Mr. Sanjeev Aggarwal
Managing Director & CEO, National Investment & Infrastructure Fund (NIIF)		 Member
6 Mr. Gopal Srinivasan
Chairman and Managing Director, TVS Capital Funds Limited		 Member
7 Mr. Gopal Jain
Co-Founder, Managing Partner, Gaja Capital		 Member
8 Mr. Vipul Roongta
Managing Director & CEO, HDFC Capital Advisors		 Member
9 Mr. Manish Jain
Managing Director, Ares SSG Capital Management Pvt Ltd		 Member
10 Mr. Naresh Kothari
Managing Partner, Alpha Alternatives Fund Advisors LLP		 Member
11 Mr. Siddharth Pai
Founding Partner & CFO, 3one4 Capital		 Member
12 Mr. Sanjeev Vaidyanathan
Founder - Partner, Eternity Capital LLP		 Member
13 Mr. Vaidya Nathan K
Faculty Director-PGP Finance, Indian School of Business		 Member
14 Mr. S. Sriniwasan
Vice Chairperson, Indian Venture and Alternate Capital Association (IVCA)		 Member
15 Mr. Saurabh Jhalaria
Member, Equalifi		 Member
16 Mr. Mahavir Lunawat
Chairman, Association of Investment Bankers of India (AIBI)		 Member
17 Ms. Deepa Rath
Member, Trustee Association of India		 Member
18 Mr. Gautam Mehra
Partner, PwC		 Member
19 Mr. Tejesh Chitlangi
Joint Managing Partner, IC Universal Legal Advocates & Solicitors		 Member
20 Mr. Harsh Roongta
Board Member, Association of Registered Investment Advisors		 Member
21 Mr. Amit Tandon
Founder and Managing Director, Institutional Investor Advisory Services		 Member
22 Mr. Arun Natarajan
Founder & Managing Director, Venture Intelligence (TSJ Media Pvt Ltd.)		 Member
23 Ms. Ruchi Chojer
Executive Director, SEBI		 Member
24 Ms. Aparna Thyagarajan
Chief General Manager, SEBI		 Member Secretary

Terms of reference of the Committee:

The terms of reference of the Alternative Investment Policy Advisory Committee are as under:

I. To advise SEBI on issues related to the further development of the alternative investment and start-up ecosystem in India.

II. To advise SEBI on any hurdles that might hinder the development of the alternative investment industry under its purview.

III. To advise SEBI on any market practice in the nature of abuse/misuse or any market development, which requires regulatory intervention or attention.

IV. To advise SEBI on any issues which need to be taken up with other regulators for development of the alternative investment industry.

V. Any other item relevant to alternative investment industry and development of the start-up ecosystem in India.