National Investment and Infrastructure Fund (NIIF)

Profile

National Investment and Infrastructure Fund (NIIF) is a sovereign-anchored alternative asset manager based in India, established in 2015. The firm is headed by a Governing Council and Board of Directors, with a diverse team focusing on catalyzing public capital to attract large-scale institutional investments into infrastructure and other essential sectors across India. NIIF distinguishes itself by collaborating with global and domestic institutional investors, leveraging public capital from sovereign sources, and playing a strategic advisory role to government bodies in India.

NIIF invests in sectors including transportation, energy, digital infrastructure, urban development, and e-mobility, through its various funds such as Infrastructure Fund II, Growth Equity Fund, Private Markets Fund, and Climate Investment Fund. Its investment approach seeks to align with India's national priorities like the Gati Shakti and Digital India programs. The firm manages over $7 billion in equity commitments and aims for strategic long-term investments, focusing on commercially viable sectors.

Notable portfolio companies include partnerships across various sectors and collaborations with leading investors like AustralianSuper and CPP Investments. NIIF is recognized for executing strategic exits, returning approximately Rs 12,000 crore to investors. Their fund capabilities extend to providing advisory services on public-private partnerships and other investment ideas to drive private sector participation in India's growth story.