We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.

Investing in India's Infrastructure Future
Managed by Morgan Stanley Investment Management
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
North Haven India Infrastructure Fund (NHIIF) is a SEBI-registered Category II Alternative Investment Fund managed by Morgan Stanley Investment Management Private Limited, the Indian arm of global investment firm Morgan Stanley. Registered in June 2017 and based at Altimus, Level 39 & 40, Pandurang Budhkar Marg, Worli, Mumbai, the fund focuses on private equity investments in India's infrastructure sector. NHIIF targets significant minority and majority stake acquisitions in companies operating across three core segments: energy and utilities (renewable energy, power transmission, water), mobility and logistics (roads, airports, ports, railways, urban transport), and social infrastructure (healthcare, education). The fund achieved its final close in July 2020 with committed capital of USD 187.55 million. Notable investors include the Asian Infrastructure Investment Bank (AIIB) with a USD 37.51 million commitment and FMO, the Dutch entrepreneurial development bank. The fund is managed by the Morgan Stanley India Infrastructure (MSII) team, a senior group that has invested in Indian infrastructure since 2002 and combines deep local expertise with Morgan Stanley's global best practices and ESG standards.

Raja Parthasarathy
Managing Director & Co-Head, Morgan Stanley India Infrastructure
Raja Parthasarathy is a Managing Director and Co-Head of Morgan Stanley India Infrastructure. Prior to joining Morgan Stanley in 2014, Raja was a partner at IDFC Private Equity. He earlier worked with Jet Airways, UBS, Goldman Sachs and Lehman Brothers. Raja received an MBA from INSEAD, an MA in Economics from Tufts University and a BA from Hamilton College.
Shyamsundar Gurumoorthy
Managing Director & Co-Head, Morgan Stanley India Infrastructure
Shyamsundar Gurumoorthy is a Managing Director and Co-Head of Morgan Stanley India Infrastructure. Shyam joined Morgan Stanley in 2014 and has over 21 years of experience. Prior to joining the firm, he was a founding member and partner at IDFC Private Equity where he led investments across infrastructure sectors including power, telecom, oil & gas, roads, seaports, airports, shipping and logistics. Shyam started his career at ICICI Securities and holds a PGDM from IIM Calcutta and a BE (Mechanical) from Anna University.
Luis Miranda
Senior Advisor, India Infrastructure
Luis Miranda is a Senior Advisor for Morgan Stanley India Infrastructure. Luis joined Morgan Stanley in 2014 and brings over 34 years of experience. Prior to joining the firm, Luis founded IDFC Private Equity, India's first infrastructure-focused private equity fund. He was previously a senior member at ChrysCapital and a founding team member at HDFC Bank. Luis also worked with HSBC, CitiBank, KPMG and PwC. He is Chairman of ManipalCigna Health Insurance and holds an MBA from the University of Chicago Booth School of Business.
No insights published yet.
Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.
View the investment manager profile with all PMS strategies and AIFs under Morgan Stanley Investment Management.