Company Performance Metrics
Neev Fund is the outcome of a partnership between State Bank of India and UK’s Department for International Development (DFID). Neev fund is an Infrastructure private equity fund focused on creating sustainable development.
Neev Fund has been established as a contributory trust in 2014, by its settlor (i.e. SBICAP Ventures Limited) and its trustee
(i.e. SBICAP Trustee Company Limited) (“Trustee”). The Fund is registered with the Securities and Exchange Board of India (“SEBI”) as a Category I Alternative Investment Fund – Infrastructure Fund (“Category I Infra AIF”) under the provisions of the SEBI (Alternative Investment Fund) Regulations, 2012 (“AIF Regulations”) The sponsor and investment manager of the Fund is SBICAP Ventures Limited (“Client” or “Investment Manager”).
