The Fund would be investing in various infrastructure sub-sectors including power, roads, ports, airports, railways, telecom and urban & social infrastructure. The investments would be either in the nature of direct investments in projects or in holding companies associated with infrastructure assets with a preference to invest by way of structured minority stakes. The Fund will seek to invest in assets across the infrastructure life-cycle. The preference would be to invest in late stage greenfied and brownfield assets with selective pursuit of bidding stage and completed assets. The Fund will target an overall portfolio construction with a mix of equity, preference shares and debentures primarily convertible in nature, delivering attractive risk adjusted returns to its investors.
For further information about Indian Infrastructure Advantage Fund, please write to