Neo Infra Income Opportunities IFSC Fund II

The absence of prior EDGAR filings from this manager combined with the Vintage II designation indicates either a first international raise after domestic infrastructure deployment, or a newly-established entity raising successor capital before Fund I has fully committed; the three-GP structure with two IFSC entities and one named individual suggests NEO is operationalizing a dedicated India infrastructure income platform rather than managing a broader multi-strategy fund family.

A May 2026 filing for a $2M initial target in an India-focused infrastructure income fund aligns with LP rebalancing cycles following rate volatility and renewed appetite for contracted cash-flow infrastructure assets in emerging markets—though the modest target size implies either a proof-of-concept before larger closes or a niche strategy (toll roads, renewables PPAs, utilities) with specific LP mandates rather than a broad institutional roadshow.

Verify whether this $2M target is a placeholder or binding minimum, and confirm the fee structure and GP commitment thresholds—the IFSC structure and Exemption 06b restriction to pre-existing relationships means LP discussions likely occurred before filing, making it critical to clarify whether Fund I's LPs are co-investing or if this is a wholesale new relationship raise.