Neo Asset Management

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

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