NIIF raises $2 billion towards Infra Fund 2's first close, largest till date
NIIF has raised ₹19,000 crore for the first close of Fund II and is targeting $3.2 billion. The fund will expand beyond core infra into EVs and urban infrastructure, with $950 million for co-investments.
National Investment and Infrastructure Fund Ltd. (NIIF) has successfully raised $2 billion in its first close of NIIF Infrastructure Fund II, marking the largest amount raised by the fund so far. The investment comes from a mix of large global and domestic institutional investors. Sneha Shah, a seasoned journalist with over two decades of experience covering India's investment ecosystem, reports on this significant milestone.
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- NIIF raises $2 bn for second infra fund economictimes.indiatimes.com
