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

Nitin Jain
Chairman and Managing Director - Neo Group

Hemant Daga
Co-Founder & CEO -
Neo Asset Management

Abishek Goel
Managing Director & Head – Infrastructure and Real Assets Funds

Saurabh Singhal
Managing Director & Partner - Infrastructure and Real Assets Funds

Yudhvir Singh Gulia
Head - Renewable Operations

Vishal Shirode
Head - Road Operations

Yash Shah
Investment Associate

Vijay Gupta
Investment Associate

Saurabh Sareen
Investment Associate

Prerna Soni
Director - International Fundraising

Devina Khanna
Director - Domestic Fundraising

Reach Out To Us


903 - B Wing, Marathon Futurex,
NM Joshi Marg, Lower Parel,
Mumbai - 400013.

Neo Asset Management Private Limited
GIFT IFSC Branch – Fund Management Entity License
Pragya Building No. 15A 4th Floor Unit No. 419
Cabin No. 11 Road 11 Zone 1
GIFT CITY IFSC Gandhinagar Gujarat 382355
Email ID :

We’d love to hear from you! For general queries, drop us a message below and we’ll get back to you soon: