ADIA-backed India fund to seek $4bn for infra

India's National Investment & Infrastructure Fund (NIIF) is set to seek around $4 billion in its largest-ever fund-raise early next year. This move aligns with the government's push to enhance infrastructure across the country. The new fund will be larger than the previous Master Fund, which closed at $2.34 billion in December 2020.

Sep 6, 2024 - 08:00

ADIA-backed India fund to seek $4bn for infra

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India's National Investment & Infrastructure Fund (NIIF) is set to seek around $4 billion in its largest-ever fund-raise early next year. This move aligns with the government's push to enhance infrastructure across the country. The new fund will be larger than the previous Master Fund, which closed at $2.34 billion in December 2020.