AIG Indian Sectoral Equity Fund (AISEF)

First infrastructure private equity fund in India. One of the first private equity funds to have international contribution

Infrastructure Leasing & Financial Services Limited (“IL&FS”) and the American International Group,Inc. (“AIG”) had jointly set up the AIG Indian Sectoral Equity Fund (the “Fund”) with the intent to mobilize private sector funds from both Indian and international sources and direct these towards the key development sectors earmarked by the Fund

The Fund focus was on making direct investments through equity and quasi-equity-related instruments in Infrastructure Projects, New Technology, and growth sector opportunities in India

The Fund was conceptualized in 1995, set up in 1996 and commenced investment operations in 1997, following the receipt of the requisite regulatory approvals. The objective of the Fund was to address India’s expanding infrastructure requirements, growing new technology base and increasingly active consumer appetites

Overall, the Fund has been responsible for creating an employment generating environment through its investment programme. The funded companies have made positive contributions to the social sector through the creation of trained manpower, positive social rehabilitation and increased revenues to the Government

Projects in this Sector
  • Delhi-Noida Toll Bridge
  • East Coast Road
  • Tirupur Water Supply Project
  • Visakhapatnam Industrial Water Supply Project
  • Jal Mahal Tourism Project
  • Ahmedabad Municipal Bonds
  • AIG Indian Sectoral Equity Fund (AISEF)
  • Kottayam-Kumarakom Ecocity Project
  • Environmental Information Centre (EIC)
  • K-Yan Compact Media Centre