Pension funds such as CPP Investments and CDPQ and others Canadian funds are major investors in Indian market as well as critical sectors such as infrastructure and renewable energy
Canadian pension funds such as CPPIB, CDPQ and private investors like Brookfield Asset Management and Fairfax Financial have collectively invested around $21 billion in India over the past five years.
At an enterprise value of $1.2 billion, this will be the biggest road deal in the country
According to the bulk deal data available with the National Stock Exchange (NSE), CDPQ offloaded a total of 1,05,70,466 shares, amounting to a 0.89 per cent stake in Piramal Pharma.
Bengaluru-based Embassy Group in 2015 formed a joint venture with private equity firm Warburg Pincus to build industrial parks.
"CDPQ is contributing 75 percent of the investment and Piramal will commit the remaining 25 percent," CPDQ and Piramal said in a joint statement.
ECL Finance is part of the Edelweiss Group and is registered with the Reserve Bank of India as a non-banking financial company.
CDPQ will invest around Rs 1,800 crore in ECL Finance which is the credit business vertical of the diversified financial services group
CDPQ will partner in the long-term strategy to build a strong credit portfolio, with an increasing focus on the retail segment.
Piramal Enterprises Ltd (PEL) and Ivanhoé Cambridge, a real estate subsidiary of CDPQ (Caisse de Dépôt et Placement du Québec), have made an equity investment of Rs 500 crore from the Piramal Ivanhoe Residential Equity Fund towards Palava, a smart city developed by Lodha group.
Diversified firm Piramal Enterprises (PEL), on February 23, 2017, said that it has entered into a partnership with Ivanhoé Cambridge, to provide long-term equity capital to residential projects across five metros in the country. R
Ajay Piramal group‘s financial services arm Piramal Finance is likely to announce a tie-up with Canada based CDPQ's realty arm for an investment platform.
Canada's leading pension fund manager is looking to invest additional one billion dollar in India and is also looking at banks in particular to pick a stake, said Rashad Kaldany, Head of Emerging Markets Investments at Canadian Pension Fund (CDPQ).
Canadian pension fund manager CDPQ today announced an investment of over Rs 1,000 crore to acquire a sizeable minority stake in TVS Group's third-party logistics arm, which will include buying out the existing private equity investors Goldman Sachs and KKR.