NORTH HAVEN INDIA INFRASTRUCTURE FU
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
FMO has invested in North Haven India Infrastructure Fund (“NHIIF”, the “Fund”), an Indian private equity fund focusing on investments mostly in asset-light infrastructure. The Fund is managed by Morgan Stanley Investment Management Private Limited.
What is our funding objective?
FMO will support establishment of the first India focused infrastructure fund managed by the international and reputable investment division of Morgan Stanley. NHIIF targets to invest significant minority or majority stakes in companies active in three segments: (i) energy and utilities, (ii) mobility and logistics, and (iii) social infrastructure (healthcare, education).
Why do we fund this investment?
The Fund will invest in private companies building physical and societal infrastructure required to enable large groups of population in India to benefit from economic efficiencies as well as improved services and social welfare.
What is the Environmental and Social categorization rationale?
The Fund’s E&S category is A due to focus on infrastructure in India. Risks associated to these projects are mitigated through the Fund’s ESMS that incorporates requirements to meet domestic E&S requirements in India and Morgan Stanley’s E&S Polices which are based on the best international practices.
Sub investments
Disclaimer
This data is updated annually so some investments might no longer be in FMO’s portfolio, while some newer investments may not yet be shown.
| Name | Country | Region | Sector |
|---|---|---|---|
| Suminter India Organics Private Limited | India | ASIA | Agri, Food and Water |
| Athulya Assisted Living Private Limited | India | ASIA | Diverse Sectors |
| Suminter India Organics Private Limited | India | ASIA | Agri, Food and Water |
- Region
- Asia
- Country
- India
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 7/6/2020
- Total FMO financing
- USD 20 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A