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

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....pproval to set up an Alternative Investment Fund Category I and for receiving contributions from international investors <br>News and Press Release<br>Dated:- 13-12-2013<br><BR>The Cabinet Committee o....

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....n 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 t....

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....he 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 sect....

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

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.... to Rs. 5500 crore.<BR> News - Press release - PIB....