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NIIF to rope in third-party manager to oversee $624 mn India infrastructure PE fund

By TEAM VCC

  • 05 Apr 2017
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NIIF to rope in third-party manager to oversee $624 mn India infrastructure PE fund
Credit: Shah Junaid/VCCircle

National Investment and Infrastructure Fund (NIIF), along with the UK government, has committed to anchor invest £120 million each in a private equity fund that aims to garner £500 million ($624 million) to invest in Indian infrastructure firms, as per an official note.The joint fund christened Green Growth Equity Fund ......

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