Khaitan & Co assists NIIF on setting up ₹19,000 crore infrastructure fund
Khaitan & Co has advised NIIF on the first closing of NIIF Infrastructure Fund II, its second flagship infrastructure fund, with aggregate commitments of ₹19,000 crore (~$2 billion). The Firm acted as the lead fund counsel and advised NIIF on the establishment and registration of the Fund and Feeder Fund, including advice on key structuring aspects and regulatory considerations. The Firm also assisted NIIF in the fund-raising process, acting as the lead counsel for engagement with investors of the Fund and negotiating key terms in the fund documents. The transaction team consisted of Siddharth Shah (Senior Partner), Divaspati Singh (Partner), Gaurita Udiyawar (Counsel), Deep Shah (Principal…
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