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    <description>The Governing Council reviewed NIIF operationalisation, investor outreach and MoU follow ups, considered the investment policy and establishment activities, reported CEO selection progress and core team formation, and launched the NIIF website. The Council endorsed a structure of multiple sector or investor specific close ended Schemes issuing various classes of units, with government and other investors subscribing to units and each fund&#039;s units, strategy and accounts remaining distinct and independent.</description>
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