Canada pension fund manager plans to infuse Rs 2,500 cr into the venture
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
CPPIB plans to put 33 per cent of its funds in emerging markets by 2025
The JV had an equity base of $250 million. Four years since the signing of the pact, people in the know say the JV may invest just $100 million
Delhivery operates in over 2,000 cities and towns
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
We are here for the long term and India is an attractive market, says Alain Carrier, CPPIB's senior managing director
Through this second tranche of Rs 9.38 billion, CPPIB has increased its investment into ISMDPL to a total of Rs 16.62 billion
Invests $1.5 billion across three deals this year
They are not happy with slow pace of investments under the JVs with the pension-fund manager
RMZ was also planning to set up a new platform with QIA after their first platform
Indospace has 11 projects under development across five cities and a total target built-up area of 15 mn sq ft