SEBON inks MoU with Nepal Private Equity Association; aims to promote growth of private and alternative investment industry in Nepal

The Securities Exchange Board of Nepal (SEBON), and the Nepal Private Equity Association (NPEA), a non-profit association of private equity, venture capital, and alternative investors, have officially entered into a Memorandum of Understanding (MOU) to foster collaboration and promote the growth of the private and alternative investment industry in Nepal. The Executive Chairman of SEBON, Mr. Ramesh Kumar Hamal and the Chairman of NPEA, Mr. Siddhant Raj Pandey, jointly signed the MOU on behalf of their respective organizations.

The MOU was signed after the second annual general meeting of NPEA held at Aloft Kathmandu, Thamel, on October 2, 2023. The MoU solidifies the commitment of both parties to advance innovation, entrepreneurship, and job creation in Nepal by facilitating greater access to finance for businesses in the region. SEBON will provide regulatory support, both will work towards industry advocacy and promotion of the Alternative/Specialized investment industry including training and information sharing.

NPEA is Nepal’s umbrella organization that represents all alternative investment players in the market.