NIIF raises ₹19,000 crore in second infra fund
The fundraise represents over 60 per cent of NIIF’s targeted ₹30,000 crore under its investment strategy
NIIF Infrastructure Fund II has successfully raised ₹19,000 crore, marking 60 percent of the ₹30,000 crore target set by the fund. The fund, a sovereign-anchored alternative asset manager, attracted investments from both global and Indian institutions, including AustralianSuper, CPP Investments, Abu Dhabi Investment Authority, Ontario Teachers’ Pension Plan, Temasek, ICICI Bank, HDFC Bank, Axis Bank, Kotak Life Insurance, and HDFC Life Insurance.
NIIF Infrastructure Fund II aims to invest in core infrastructure sectors, such as energy, transport, and digital infrastructure, while also exploring emerging themes like urban infrastructure and electric mobility. The fund expands on NIIF’s initial ₹16,000 crore raised and invested across various infrastructure sectors. Sanjiv Aggarwal, Managing Director & CEO of NIIF, emphasized the continued confidence of partners in India’s infrastructure potential and NIIF’s capability to deploy long-term capital with discipline, sector expertise, and strong governance.
Vinod Giri, Managing Partner of Infrastructure at NIIF, highlighted the fund's strategy of creating infrastructure platforms at scale, taking a hands-on approach to value creation, and selectively investing across established and emerging infrastructure sectors.
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