ISIN Code
-Fund Category (I/II/III)
Category IIFund Structure (Open/Closed)
Close EndedFund strategy
Construct a portfolio of diversified operating Infrastructure assets exposure through Private InvITs, Roads, and Solar Projects. Achieving returns through acquiring infrastructure projects by buying out equity of promoters at favorable IRRs, implementing best global practices at the projects and exit through sale to InvITs and strategic investors at favorable IRRs. Portfolio Mix:- 25-30% allocated to Privately listed InvITs (Total return ~ 16% p.a.) 70-75% allocated to Operating asset ownership through AIF (Total return of ~20% p.a.)
Fund Domicile
IndiaFund Manager Name
Abishek GoelWebsite of the fund
https://neoassetmanagement.com/Fund strategy
Construct a portfolio of diversified operating Infrastructure assets exposure through Private InvITs, Roads, and Solar Projects. Achieving returns through acquiring infrastructure projects by buying out equity of promoters at favorable IRRs, implementing best global practices at the projects and exit through sale to InvITs and strategic investors at favorable IRRs. Portfolio Mix:- 25-30% allocated to Privately listed InvITs (Total return ~ 16% p.a.) 70-75% allocated to Operating asset ownership through AIF (Total return of ~20% p.a.)
Sponsor
-Manager
Neo Asset management Private LimitedTrustee
-Fund Manager Experience
15+ years of experience of investing in Indian infrastructure, Overall 21+ years of experience ininfrastructure investing, M&A advisory, and strategy consulting
Auditor
Big 4Valuer / Tax Advisor
BDOCredit Rating (if any)
-Open Date
20231st Close Date
9/28/2023Final Close Date
2024 mb-3Tenure from Final Close
7 YearsCommitment Period
2 YearsNative Currency
INRTarget Corpus
~ 2000 CroreInvestment Manager Contribution
-Minimum Capital Commitment
10000000Initial Drawdown
2000000Accepting Overseas investment?
YesTarget IRR (%)
18-20% p.a.Management Fees and Carry
- Set Up Fee
- Management Fee
- Performance Fee
2% p.a. Carry 20% without Catch-upeHurdle Rate
10%Other Expenses
-Focused Sectors (Industries in which they are investing)
Roads and RenewablesRegions Covered (Geographical Locations covered by the fund)
India
