India a priority among large emerging markets: CPDQ’s Rashad Kaldany

India a priority among large emerging markets: CPDQ’s Rashad Kaldany

Rashad Kadany, executive vice-president (growth markets), Caisse de Dépôt et Placement du Québec, Canada’s second-largest pension fund. Photo: Livemint

Caisse de Dépôt et Placement du Québec (CDPQ), Canada’s second largest pension fund, has made investments worth $3 billion in India. CDPQ, which set up its India office in March 2016, has announced a capital commitment of $850-million for power projects in India, besides significant investments in Edelweiss Financial Services Ltd and in TVS Logistics Services Ltd. In an interview, Rashad Kaldany, executive vice-president, growth markets, CDPQ talks about the pension fund’s views on India and other emerging markets, as well as investments and sectoral preferences. Edited excerpts:

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