Difference between ALTERNATIVE ASSET MANAGEMENT COMPANY & HEDGE FUND?

i need answer with respect to both international markets & indian markets .

can an ALT-AMC also function as an ARC / INVESTMENT BANK etc as well alongwith hedge funds or vice-versa ?

thank you

The policies in every country would differ, so I don't know if any straightforward answer. 

In India all hedge funds register themselves as Alternate investment funds.  (AIF) To register as a AIF the minimum corpus has to be Rs 20 crores with minimum ticket size of Rs 1 crore. Check this link on SEBI website for any queries on registering  as AIF. 

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