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Project detail:
The Private Markets Fund II (PMF-II) is a USD 1 billion fund-of-funds being raised by NIIF to catalyse investment in India's priority sectors and address the country's infrastructure funding gap. The fund will build a diversified portfolio of 12–15 portfolio funds and portfolio companies, investing in growth funds, venture capital funds and up to 25% in direct equity. Target sectors include energy transition and climate action, urban and social infrastructure, digital and tech-enabled infrastructure, and other productive sectors. The objective is to mobilize large-scale institutional equity capital and stimulate economic growth in nationally important sectors.
Project Cost: USD 1.0 billion
Note: please download project document attached to this project for more information.
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