NIIF set to bring offshore LP on board for new $1 bn fund to back PE/VC firms

By Aman Malik

  • 16 Apr 2024
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Sanjiv Aggarwal, managing director and chief executive officer, NIIF

The Indian government-backed alternative investor National Investment and Infrastructure Fund (NIIF) is set to tap an offshore limited partner (LP) for its second fund-of-funds that aims to raise $1 billion, VCCircle has gathered.  The new vehicle, Private Markets Fund (PMF-II), will invest in private equity and venture capital funds that, in ......

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