National Investment and Infrastructure Fund Targets $10 Billion AUM Growth in Three Years

Overview

India's National Investment and Infrastructure Fund (NIIF) plans to double its assets under management (AUM) to $10 billion within two to three years. This expansion will be driven by raising new funds for its flagship infrastructure program and a fund-of-funds, both of which are fully committed. The successor infrastructure fund aims for $3.5 billion plus $1 billion in co-investment, while the fund-of-funds targets $1 billion.