Institution: Canada Pension Plan Investment Board
Headquarters: Toronto, United States
Allocation to alternatives: 58.30%
Canada Pension Plan Investment Board has agreed to commit $150 million to NIIF Master Fund, according to a recent news release on the pension’s website. The fund is managed by India’s National Investment and Infrastructure Fund.
The commitment also includes an agreement whereby CPPIB may invest $450 million in future co-investment opportunities alongside the NIIF Master Fund.
The CA$409.50 billion Canadian public pension has a 12.20 percent actual allocation to infrastructure.
As illustrated below, CPPIB’s recent infrastructure commitments have tended to target funds active in energy investments.
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