CPPIB looks to go big on ReNew as Goldman cuts stake
An existing investor, CPPIB is looking to raise its stake to over 40% by buying an additional 24% stake from Goldman Sachs Group, which had backed firstgeneration entrepreneur Sumant Sinha to create a green energy platform in 2011 with a $200 million commitment. The Wall Street investment bank is currently the largest shareholder with a 48% stake.
CPPIB leads race to buy Ashoka Concessions for Rs 5,500 crore
Several companies were on the run to acquire Ashoka Concessions for an enterpri...
Canada's CPPIB to invest $600 million in NIIF Master Fund
NIIF is India’s first sovereign wealth fund that was set up by the Government of In...
Canada Pension Plan Investment commits $225 million to IndiaRF
IndiaRF had earlier raised $100 million from the International Finance Corporation.
Canadian fund CPPIB keen to enter private debt segment in India, worried about regulatory uncertainties
“Private debt can be a good opportunity as we see some interesting situations in the country,” said Mark Machin, president and chief executive officer CPPIB. Many private equity global funds including KKR, Apollo Global Management, Blackstone and Baring have specialized debt platforms.
January records PE investments worth $2.5 billion: Report
In terms of number of PE/VC investments January 2020 was at par with January 2019.
CCI clears CPPIB’s Delhivery stake buy
In 2015, the Mumbai-based fund sold a 10% stake in the logistics company to Tiger Global.
Temasek, TrueNorth-CPPIB seek to invest in Biocon Biologics
Eye minority stake in Biocon Biologics; unit may be valued at $4 billion, higher than the market cap of Biocon.
Brookfield, Mubadala may invest $600m in Tata Power’s InvIT
Tata Power’s near 3-gigawatt renewable energy portfolio is valued at $2.2-2.5 billion, they added.
CPPIB set to take delivery of Delhivery stake for $150 million
CPPIB, one of the world’s largest retirement funds, is buying the shares from homegrown private equity firm Multiples Alternate Asset Management.
CPPIB-led InvIT to acquire Sadbhav Infra's 9 road assets for Rs 6,610 crore
Canadian pension fund Canada Pension Plan Investment Board (CPPIB) and Allianz Capital Partners own about 55 per cent of the IndInfravit Trust units.
CPPIB eyes emerging companies in financial services, healthcare & education
Focus is on firms using technology to define and determine fast-changing consumer habits.
Goldman Sachs, CPPIB, ADIA invest $300 mn into ReNew Power via rights issue
Proceeds from the issue may be used for financing business growth and repaying existing debt.
Piramal, CPPIB to set up India’s first renewable energy-focused InvIT
The rest will be raised from other long-term investors.
CPPIB, Allianz-led InvIT in talks to acquire Sadbhav Infra’s 12 road assets
As on December 2018, listed company Sadbhav Engineering Ltd holds about 69 per cent of SIPL.
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