{"id":304366,"date":"2019-12-06T10:19:48","date_gmt":"2019-12-06T04:49:48","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=304366"},"modified":"2019-12-06T10:57:16","modified_gmt":"2019-12-06T05:27:16","slug":"canadas-cppib-to-invest-up-to-600-million-in-indian-infrastructure-fund","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/canadas-cppib-to-invest-up-to-600-million-in-indian-infrastructure-fund\/","title":{"rendered":"Canada&#8217;s CPPIB to invest up to $600 million in Indian infrastructure fund"},"content":{"rendered":"<p>Canada&#8217;s biggest public pension fund is investing up to $600 million in India&#8217;s National Investment and Infrastructure Fund (NIIF), as it seeks to grow its infrastructure bets in Asia&#8217;s third-largest economy. <\/p>\n<p>The deal includes a commitment of $150 million in NIIF&#8217;s Master Fund and co-investment rights of up to $450 million in future opportunities to invest alongside the Master Fund, Canada Pension Plan Investment Board (CPPIB) said in a statement on Thursday. <\/p>\n<p>The NIIF is majority-owned by institutional investors, but says is anchored by India&#8217;s government, which is also an investor in its Master Fund. <\/p>\n<p>India needs investments worth about $778 billion for highways, urban transport and renewable energy by 2022, according to the India Brand Equity Foundation, a government body.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada&#8217;s biggest public pension fund is investing up to $600 million in India&#8217;s National Investment and Infrastructure Fund (NIIF), as it seeks to grow its infrastructure bets in Asia&#8217;s third-largest economy. The deal includes a commitment of $150 million in NIIF&#8217;s Master Fund and co-investment rights of up to $450 million in future opportunities to invest alongside the Master Fund, Canada Pension Plan Investment Board (CPPIB) said in a statement on Thursday. The NIIF is majority-owned by institutional investors, but says is anchored by India&#8217;s government, which is also an investor in its Master Fund. India needs investments worth about [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-304366","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=304366"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304366\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=304366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=304366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=304366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}