Neo Asset Management may tap greenshoe option for infrastructure fund

Neo Asset Management has decided to raise its target corpus in its infrastructure-focused vehicle, Neo Infrastructure Income Opportunities Fund, launched in August 2023, and exercise the greenshoe option. Neo aims to enter the market with a target of Rs 20 billion (around $240 million), inclu­ding a base target of Rs 8 billion and a greenshoe option of Rs 12 billion.