THE COMPANY
Tamil Nadu Infrastructure Fund Management Corporation Limited is a Government of Tamil Nadu promoted company, with Tamil Nadu Infrastructure Development Board as the main shareholder.
It combines private sector rigor with deep domain skills of the Government in conceptualising and delivering infrastructure projects on a large scale. Our other shareholders are National Housing Bank, Indian Bank, Karur Vysya Bank, United India Insurance, City Union Bank and Canara Bank.
MISSION
TNIFMC shall harness the transformational power of private capital for public good through SEBI regulated investment vehicles and will aim to provide an attractive risk-adjusted return to investors. It achieves this by combining government experience with fund management expertise, applied to project appraisal, investment and monitoring to generate superior returns at exit.
Differentiators
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Access As Tamil Nadu Infrastructure Development Board is our sponsor, we get involved at the project conception stage ─ a unique opportunity to add value to projects. |
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Pipeline We have a pipeline of transformational infrastructure projects that achieve social and economic goals. |
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Risk Apply unique combination of fund management and government expertise to mitigate risks of execution, socio-economic and liquidity issues. |
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Execution Monitoring by industry experts & ex-SAI Auditors to focus on milestone-based disbursements and trigger course corrections. |
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ESG Every investment is evaluated for Environmental Consciousness, Financial Sustainability and Improved Governance. |
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For Investors Funds tailored to provide efficient, tax-optimised vehicles for local and global long-term investors such as Sovereigns, Insurance and Pension Funds, etc. |
ASIAN DEVELOPMENT BANK ASSISTANCE
Asian Development Bank has committed Technical Assistance to Tamil Nadu Infrastructure Fund. The Technical Assistance is being used for sourcing consultants through the ADB’s Consultant Management System to assist in the following activities.
- Formulating and refining the investment strategy
- Identifying and evaluating investment opportunities
- Mobilising third-party institutional capital for the Fund
GIIN
Tamil Nadu Shelter Fund is a member of the prestigious Global Impact Investing Network (GIIN). GIIN is a non-profit organization dedicated to increasing the scale and effectiveness of impact investing around the world. Impact investments are made with the intention to generate a positive and measurable socio-environmental impact alongside a financial return.
Global impact investors, Impact Funds and other stakeholder entities of repute are the members of GIIN who share and exchange their knowledge and resources through GIIN platform.
IFC - EDGE
EDGE (Excellence in Design for Greater Efficiencies) is a Green Building Certification system focused on making buildings more resource-efficient. An innovation of International Finance Corporation (IFC), a member of the World Bank Group, it empowers developers and builders to quickly identify the most cost-effective ways to reduce energy use, water use and embodied energy in materials. To meet our commitment to the Environment, one of the pre-requisites for investing in projects is a Green Building Certification by IFC – EDGE or equivalent.
To demonstrate our commitment to the Environment and Planet, we endeavoured to obtain the EDGE certification for our own office. Being close to the Adyar Eco Park, which is around 100 acres of lush greenery, the office of the TNIFMC is the first Government building in India to receive an EDGE certification.
