Indian government infrastructure fund closes at $2.3b
NIIF Master Fund, a rupee-denominated infrastructure investment vehicle backed by the Indian government, has achieved a final close of $2.34 billion, beating its $2.1 billion target.
It follows a wave of commitments totaling $107 million from Canada’s Public Sector Pension Investment Board (PSP Investments), the US International Development Finance Corporation (DFC), and Axis Bank....
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