Canada's CPP Investments makes $404m PE commitments in Asia in Q2

Canada's CPP Investments makes $404m PE commitments in Asia in Q2

Ontario, Canada. Photo by LinedPhoto on Unsplash

The Canada Pension Plan Investment Board (CPP Investments) one of the world’s largest pension funds, has made a total of at least $404 million in private equity commitments in Asia, including China and India, in the second quarter of this year, its latest report showed.

In the April-June quarter, CPP Investments committed to a $120-million co-investment alongside CVC Capital into Sajjan India Limited, a specialised agrochemical manufacturer in India, for up to a 17% stake. It also committed $100 million to Trustar Capital V, the latest fund of Trustar Capital Partners, which focuses on control-oriented buyouts in Greater China.

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