Equipped with an enviable war chest of funds, NIIF must seek out investment opportunities on a war footing. : Registered in December 2015, the National Investment and Infrastructure Fund (NIIF) has been structured as a fund manager with three Alternative Investment Funds (AIFs)—namely a Master Fund, a Fund of Funds (FoF) and a Strategic Investment Fund—under it. Unable to garner any funding commitments from foreign sovereign wealth funds or investors till Q1FY18, the recent spate in its activities might as well be a signal that it has finally come out of its Odin’s nap.