News
12 February 2021

New Development Bank commits $100m to NIIF Fund of Funds

Region:
Asia-Pacific

The New Development Bank has committed $100 million into the NIIF Fund of Funds. With this latest investment, the FoF has secured $800 million in commitments, including from the government of India, the Asian Infrastructure Investment Bank, and the Asian Development Bank.

This investment marks NDB’s first equity investment into India and its first investment in an FoF.

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