Neo Infra Income Opportunities Fund (NIIOF)



INR 1,000 Cr. / ~$120 Mn
Assets Under Management
INR 2,000 Cr. / ~$240 Mn
Total Target Fund Size
INR 375 Cr. / ~$45 Mn
Capital Invested / Committed
NIIOF investment overview

Who are We

NIIOF is a privately pooled, SEBI registered Category II AIF, with a target fund size of INR 2,000 Cr. (~USD 240 Mn). We invest in regular income-generating operating renewable (especially solar) and road projects in India with a target to deliver superior risk adjusted returns along with periodic distributions to our investors.

NIIOF is managed by Neo Asset Management (“NAM”), alternative asset management arm of Neo Group providing investment solutions to client needs across various asset classes in India including equity, private credit and fixed income. NAM currently has Asset Under Management (AUM) of ~USD 550 Mn across 5 funds being managed by it.

Our Strategies


Targeting sectors where regulations are well established, income streams are stable and predictable and there is history of private investment

100% Buyout of
Operational Renewable Assets
(Especially Solar)

• Utility scale solar assets with central govt. entities (SECI and NTPC) or Tier I Offtakers
• Completely operational with verifiable record of historical generation
• Assets with high quality and tier I equipment

100% Buyout of
Operational Road Assets

• Mix of Hybrid Annuity Model (HAM) and toll assets with majority of projects under HAM
• Completely operational with historical traffic record
• Assets with central govt. entities as counterparties (NHAI and MoRTH)

Minority Stakes in
Private Listed InvITs

• Investment at the time of listing of the InvIT and ride the growth of InvIT
• InvITs with highly reputed sponsors and experienced management team
• InvITs with strong visible growth pipeline



The Team


NIIOF is managed by industry veterans with cumulative 120+ years of experience of investing, fund raising, advising, financing and operating projects in the infrastructure space

Photo of Nitin Jain

Nitin Jain

Chairman and Managing Director - Neo Group



Photo of Hemant Daga

Hemant Daga

Co-Founder & CEO -
Neo Asset Management



Photo of Abishek Goel

Abishek Goel

Managing Director & Head – Infrastructure and Real Assets Funds



Photo of Saurabh Singhal

Saurabh Singhal

Managing Director & Partner - Infrastructure and Real Assets Funds



Photo of Yudhvir Singh Gulia

Yudhvir Singh Gulia

Head - Renewable Operations



Photo of Vishal Shirode

Vishal Shirode

Head - Road Operations



Photo of Yash Shah

Yash Shah

Investment Associate



Photo of Vijay Gupta

Vijay Gupta

Investment Associate



Photo of Saurabh Sareen

Saurabh Sareen

Investment Associate



Photo of Prerna Soni

Prerna Soni

Director - International Fundraising



Photo of Devina Khanna

Devina Khanna

Director - Domestic Fundraising