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The Fund Is Open For New Investors

 

Fund Objective & Strategy


The investment objective of the Fund is to achieve superior private equity returns by making indirect private equity investments in companies in India and in countries in South, Southwest and Southeast Asia.
The Fund will seek to achieve its investment objective by following a two-prong investment strategy:
 

  • Investing in high quality private equity funds ("PE Funds") that are making investments in India and other countries in South Asia "Primary Investments",
     
  • Purchasing interests on the secondary market in matured PE Funds that have attractive valuations "Secondary Investments".



    Investment Feature:
     
  • Private Equity exposure to the high growth Indian economy.
  • US Dollar denominated.
  • Target IRR of 20% per annum.
  • Diversified across different managers and strategies.

 

 

 

Fund Facts

Fund structure: Closed-end fund.
Fund Term: Ten years with two possible one year extensions.
Offering Period: May 4, 2008 to June 5, 2008.
Minimum Investment: US$500,000 and multiples of US$10,000.
Subscription Price: US$1,000 per unit.
Currency: US Dollar.
 
Management Fee: 1.5% per annum.
Sales Charge: 2.0% on the subscription amount.
Manager: NIG India Manager, Ltd.
Distributor: National Bank of Kuwait S.A.K.
Risk  
 

 
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