India: NIIF likely to invest $100m in Multiples PE’s third fund

India: NIIF likely to invest $100m in Multiples PE’s third fund

Multiples PE founder Renuka Ramnath.

The National Investment and Infrastructure Fund (NIIF) is considering an investment of $100 million in the third fund of private equity firm Multiples Alternate Asset Management Pvt. Ltd, two people close to the deal said.