Neo Infra Income Opportunities Fund

The Neo Infra Income Opportunities Fund II is a SEBI-registered Category II Alternate Investment Fund (AIF) that focuses on acquiring operational infrastructure assets in India. Managed by Neo Alternative Asset Managers, the fund reached its first close in April 2026 with ₹1,500 crore, aiming for a total corpus of ₹5,000 crore. Its core strategy centers on generating high yields through road projects and renewable energy assets that provide stable, long-term cash flows from government-linked counterparties. By targeting an internal rate of return (IRR) of 18–20%, the fund serves as a private credit and equity hybrid for high-net-worth individuals and institutional investors looking for infrastructure-backed income.