Description: Tamil Nadu Infrastructure Fund Management Corporation Limited is a Government of Tamil Nadu promoted company.
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Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) is a manager of SEBI approved Alternative Investment Funds (AIFs), which have been setup under the policy initiatives of the Government of Tamil Nadu in priority areas. TNIFMC’s mission is to support the US$ 1 trillion GDP goal of the Government of Tamil Nadu by attracting private capital to commercially viable enterprises in the priority areas.
Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) is promoted by the Tamil Nadu Infrastructure Development Board and has equity participation from the National Housing Bank, Indian Bank, Karur Vysya Bank, United India Insurance, City Union Bank and Canara Bank.
The goal of TNIFMC is to generate attractive risk adjusted returns though sustainable investing principles.