Ontario Teachers to up India exposure, back Kedaara Capital
Ontario Teachers’ Pension Plan (OTPP) plans to increase its allocations to India and Latin America in order to diversify its emerging markets exposure, which is currently more weighted towards China. The pension plan’s first India commitment was to Kedaara Capital, the PE firm set up by Manish Kejriwal, formerly of Temasek Holdings, and ex-General Atlantic executives Sunish Sharma and Nishant Sharma.
"India's too big to ignore. We should get a snapshot into what's taking place in the market, and we hope that in working with Kedaara that that will be a good insight into the country," Jane Rowe, senior...
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