Canada Pension Plan Investment Board

India Resurgence Fund invests in distressed assets by purchasing existing debt and equity securities

The deal includes a commitment of $150 million in NIIF's Master Fund and co-investment rights of up to $450 million in future opportunities to invest alongside the Master Fund

We are here for the long term and India is an attractive market, says Alain Carrier, CPPIB's senior managing director

In terms of overall portfolio, on March 31, 2017, the CPP Fund totalled $316.7 billion