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    <title>FM asks NIIF to leverage its sovereign-backed design, explore diversified finance sources</title>
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    <description>The Finance Minister directed NIIF to leverage its sovereign-backed design to showcase performance globally and pursue proactive, diversified fundraising. The Governing Council noted NIIF&#039;s growth in assets under management, its evolution as a sovereign-linked asset manager with strategic global partnerships, full commitments for the Master Fund and Private Markets Fund, Master Fund greenfield investments in ports, logistics, airports and data centres, progress on Private Markets Fund II toward first closing, and discussions on a proposed bilateral fund with the US.</description>
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