Project Detail:
The National Investment and Infrastructure Fund Limited (NIIF), a quasi-sovereign investment manager backed by the Government of India (GoI), is launching a second Private Markets Fund (PMF II), targeting USD 1.0 billion to invest in infrastructure assets supporting India’s environmental, social and economic priorities. Focused sectors include renewable energy, electric vehicle (EV) infrastructure, waste management, urban and social infrastructure, technology, and financing and manufacturing activities targeting these sectors and related supply chains. NIIF will continue the strategy of its first private markets fund (PMF I) by leveraging its on-the-ground presence and market intelligence in India.
AIIB anchored PMF I (Board approved in 2018) and has been working closely with NIIF in the monitoring of the Bank’s investments. NIIF has demonstrated professional approach and skills in both investment and management of portfolio funds.
Note: Please Download Project Document attached to this Project for more information.
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