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A view of New Delhi rooftops from the Jama Masjid
National Investment and Infrastructure Fund's FoF vehicle now stands at $700m and has already invested in three funds targeting green energy, affordable housing and mid-market growth in India.
The Operating Principles for Impact Management, published by the IFC, set a clear common market standard for what constitutes an impact investment and addresses concerns about 'impact-washing'.
Jim Yong Kim_GIP
In his first interview since leaving the World Bank, Jim Yong Kim said private investors needed to stop thinking of emerging markets as a ‘single risk pool’.
The $710m vehicle will be the largest of its type in the country, according to the US energy investor, which says it has a ‘significant’ project pipeline ready for deployment.
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