Approval to set up an Alternative Investment Fund Category I and for receiving contributions from international investors

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..... Approval to set up an Alternative Investment Fund Category I and for receiving contributions from international investors
News and Press Release
Dated:- 13-12-2013

The Cabinet Committee .....

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..... on Economic Affairs has approved the proposal of M/s IDFC Trustee Company Limited to set up the India Infrastructure Fund II, to be registered as the Alternative Investment Fund (AIF) Category I with .....

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..... the Securities and Exchange Board of India (SEBI) as recommended by the Foreign Investment Promotion Board (FIPB). The Indian Infrastructure Fund II is aimed at making investment primarily in the sec .....

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..... tors of energy utilities, transportation, aviation, telecom infrastructure, other urban infrastructure and public utilities. The fund is targeted to receive contribution from international investors u .....

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..... p to Rs. 5500 crore.
News - Press release - PIB .....

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