CPP Investments invests $394.78 more in FY 23-24 in Interise Trust

24 May 2024 CW Team

CPP Investments, in a recent announcement, disclosed its additional investment of $394.78 million in Interise Trust (formerly IndInfravit Trust) during the fiscal year 2023-24. This infusion aims to facilitate the acquisition of four operational road concessions. Additionally, CPP Investments injected $217.13 million during the same period into the National Highways Infra Trust (NHIT), sponsored by the National Highways Authority of India.

Furthermore, CPP Investments committed $100 million in the last fiscal year to Kedaara Capital Fund IV, which specialises in mid-market buyout and minority growth investments within India. Another notable commitment made by CPP Investments in 2023-24 was $300 million to an India-based asset manager focusing on structured and private credit opportunities within the country.

CPP Investments, renowned as a professional investment management organisation, diligently oversees funds in the best interest of over 22 million contributors and beneficiaries of the Canada Pension Plan. With a strategic approach, CPP Investments diversifies its portfolios across global markets, encompassing public equities, private equities, real estate, infrastructure, and fixed income assets. (ET Infra)

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

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