The National Investment and Infrastructure Fund has appointed Gauravjit Singh as managing partner and global head of capital formation, a newly created global position at India's sovereign anchored alternative asset manager. The appointment was announced in Mumbai on 7 September 2026. No effective date was disclosed, and the role does not replace an existing one, which makes it a structural addition rather than a succession.
In the role he will lead capital formation across the manager's strategies, working to deepen existing investor relationships and to broaden its international and domestic institutional investor base. The announcement carried comments on the appointment from Sanjiv Aggarwal, managing director and chief executive officer. No predecessor was named, consistent with the description of the position as newly created, and the release did not set out how the global seat will sit alongside the manager's investor relations and partnerships function, which continues to be listed separately.
Gauravjit Singh joins from PAG, where he was head of investor relations and fundraising for the private equity division in Singapore. He served on both the Investment and Exit Committees there and helped secure more than 3 billion dollars for the firm's latest fund vintage. Before that he led investor relations at True North, covering its expansion into private credit and into the United States, Europe, the Middle East and North Africa, and Japan. Earlier he spent nearly nine years at KKR in Hong Kong, where he launched first time infrastructure, special situations and energy funds and built the firm's Australia and New Zealand institutional franchise. He began his career in Southeast Asia investment banking at Goldman Sachs. Across his career he has raised more than 10 billion dollars in more than 20 fundraises. He holds a bachelor's degree in computer science from the Birla Institute of Technology and Science and a master's degree in engineering management from Duke University.
The manager runs more than 7 billion dollars across infrastructure, private markets, growth equity and climate strategies, and has mobilised about 3 billion dollars in new equity commitments over the past 24 months. Earlier in 2026 it reported a 750 million dollar first close of Private Markets Fund II against a 1 billion dollar target, and in August 2026 it reported a first close of 19,000 crore rupees for Infrastructure Fund II, more than 60 per cent of that fund's 30,000 crore rupee target.
The hire reads as a capacity decision rather than a repair. Two flagship vehicles are being gathered at the same time, and a material balance remains to be raised in both, which is the stage of a fundraising cycle at which distribution rather than origination tends to become the binding constraint. The inference, which the announcement itself does not draw, is that the incremental commitments needed are more likely to come from outside India than from within it, and that a global seat is the structure chosen in order to pursue them. His record is consistent with that reading, since his previous roles raised capital for Asian assets from global institutional pools. What the release establishes plainly is narrower: a global fundraising seat has been created and filled from a competitor's Singapore office.
