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Exclusive: NIIF plans second fund-of-funds to raise nearly $1 bn

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Exclusive: NIIF plans second fund-of-funds to raise nearly $1 bn
Credit: 123RF.com

The Indian government-backed alternative investor National Investment and Infrastructure Fund Ltd (NIIF) is in initial stages to launch its second fund-of-funds (FoF), three people privy to the development told VCCircle.    The new FoF will aim to raise around $1 billion (over Rs 8,100 crore at current exchange rates) and will ......

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