Piramal, CPPIB form $500m realty finance fund
India's Piramal Enterprises is to form a $500 million realty debt fund with CPPIB Credit Investments,, a subsidiary of the Canada Pension Plan Investment Board (CPPIB).
The strategic alliance will see CPPIB and Piramal each put $250 million into the fund, which will be managed by Indiareit Fund Advisors, the real estate private equity arm of Piramal. According to a...
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