The CPPIB will invest up to $600 million in the National Investment and Infrastructure Fund (NIIF) of India. CPPIB’s investment is complementary to its existing direct investment strategy in Indian infrastructure. It joins Abu Dhabi Investment Authority, AustralianSuper, Ontario Teachers’ Pension Plan, and Temasek.
The Canada Pension Plan Investment Board (CPPIB) reported gains of 2.2% during the second quarter. On Thursday, the nation’s largest public pension fund reported how it delivered the return.
As of June 30, the CPPIB revealed it had $3.02 billion invested in renewable energy businesses. This amount is twice what it was last year. It’s also more than 100 times the amount it invested in the renewables space in 2016.
The Canada Pension Plan Investment Board (CPPIB) is selling stakes in two American prison companies. ESG expectations and concerns about reputational risk fueled the divestitures.
MBK Partners aims to raise up to $6 billion for a new buyout fund. The firm – operated by ex-Carlyle Group executives – could reach its first close by the end of the month, according to Reuters.