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Investment Fund

Niif Private Markets Fund – II

Overview

NIIF Private Markets Fund II (PMF II), anchored by the Government of India, has a target size of $1 billion and secured commitments of $750 million as of March 2026, with backing from existing PMF I investors including the Asian Infrastructure Investment Bank and the New Development Bank.

Key Facts

Vintage year
2026
Managed by
Niif
Fund size
USD 750M
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Last updated April 18, 2026