The $828 billion sovereign wealth fund, Abu Dhabi Investment Authority (ADIA) signed a Memorandum of Understanding (MoU) with India’s National Investment and Infrastructure Fund (NIIF), committing $1 billion to its $6 billion Master Fund.
ADIA is the first investor in the Master Fund and other six local investors, such as HDFC Standard Life Insurance and ICICI Bank, are expected to join ADIA as investors.
The fund will invest in diversified sectors in India, including energy, transportation and water system.
Platinum subscribers may click here for ADIA’s full profile, including key contacts, allocation strategy and fund investments.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: