Instructions and charter for private equity funds have been ratified, Iran's Securities and Exchange Organization’s deputy for supervision of financial institutions said.
Speaking to SEO News Agency, Saeed Fallahpour said the organization finalized the regulations in consultation with prominent investors and experts.
Private equity funds have the option of investing in non-public companies. Accordingly, the regulations allow private equity funds to support public companies not yet listed on the stock market, companies listed on Iran Farabourse SME market and companies that have failed to meet the eligibility for listing, he said.
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