 "debt, debt market")
Canada Pension Plan Investment Board (CPPIB), biggest pension fund manager in that country, is looking to re-enter the private debt market here.
In 2014, it had formed a joint venture (JV) with Piramal Enterprises to provide debt financing for real estate projects, which did not take off well.
The desire to enter the private debt space in India comes when there is an acute fund crunch in real estate and among non-banking financial companies, after last August’s defaults by the IL&FS group.
“The one area (in India) where we do not have exposure is private debt. Globally, we are a large player in
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