The Canada Pension Plan invests in NHAI's Infra trust

24 May 2024 CW Team

The National Highways Infra Trust (NHIT), an infrastructure investment trust supported by the National Highways Authority of India, received a $ 217.13 million investment from the Canada Pension Plan Investment Board (CPP Investments) in 2023?2024. In an announcement, CPP Investments stated that, in order to assist in financing the purchase of four operational road concessions, it has contributed an extra $394.78 million to Interise Trust (previously IndInfravit Trust) in 2023?2024.

The statement claims that it contributed $100 million to Kedaara Capital Fund IV during the previous fiscal year. The fund would concentrate on minority growth and mid-market buyout investments in India.Additionally, in 2023?2024, CPP Investments committed $300 million to an asset manager located in India that specialises in structured and private credit possibilities in that nation.

The professional investment management agency known as the Canada Pension Plan Investment Board looks after the fund in the best interests of the more than 22 million participants and beneficiaries of the programme. Global investments are made in fixed income, real estate, infrastructure, private and public equity, and real estate to create diverse asset portfolios.

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