IDFC Project Equity
IDFC Project Equity is a finance company based in India and subsidiary of Infrastructure Development Finance Company Limited (IDFC).
 | |
| Type | Limited liability company |
|---|---|
| Industry | Private Equity |
| Founded | 2008[1] |
| Headquarters | Mumbai, India |
| Products | Investments, private equity funds |
| Parent | Infrastructure Development Finance Company |
| Website | www.idfcprojectequity.com |
IDFC Project Equity manages the India Infrastructure Fund (IIF), a SEBI-registered domestic venture capital fund focused on infrastructure with a corpus of INR 35 billion (US$875 million). IIF focuses on investing equity for the long-term in a diversified portfolio of infrastructure assets in India.
History
IDFC Project Equity Company Limited is a wholly owned subsidiary of IDFC. It was set up as part of the 'India Infrastructure Financing Initiative', a collaboration between the Government of India and financial institutions to deploy US$5 billion in capital for infrastructure projects in India.
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