CPPIB commits $600m to state-backed Indian infrastructure fund
Canada Pension Plan Investment Board (CPPIB) has agreed to invest up to $600 million in NIIF Master Fund, a rupee-denominated infrastructure vehicle anchored by the Indian government.
The investment includes a $150 million LP commitment and $450 million in co-investment rights, while providing CPPIB with an unspecified stake in the fund management entity, National Investment and Infrastructure...
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