NIIFL receives $100 million investment from NDB

National Investment and Infrastructure Fund Limited (NIIFL) has announced a commitment of $100 million from the New Development Bank (NDB) into the NIIF Fund of Funds (FoF). With the NDB’s investment, the FoF has secured $800 million in commitments. The NDB joins the Government of India, Asian Infrastructure Investment Bank (AIIB) and Asian Development Bank (ADB) as an investor in the FoF.