Canadian pension fund manager Ontario Teachers’ Pension Plan Board (OTPP) has agreed to invest $350 million ( ₹2,600 crore) in Edelweiss Alternate Asset Advisors (EAAA), the latter said on Wednesday.
The investment pact represents a long-term partnership between OTPP and the alternative investment platform of the Edelweiss Group, which will focus on performing and distressed credit investment opportunities in the Indian market, it added.
