Cppib
Goldman exits ReNew, CPPIB becomes new majority owner in the company
Goldman's exit is in compliance with US state securities regulations, which restrict the ownership of ownership beyond 10 years in a company
 "Goldman exits ReNew, CPPIB becomes new majority owner in the company")
L&T, CPPIB divest stake in L&T Infra Projs to Edelweiss SPV for Rs 2,723 cr
Enterprise value pegged at Rs 6,000 crore; portfolio includes 8 roads and one power transmission asset; deal closure likely by end of FY23
 "L&T, CPPIB divest stake in L&T Infra Projs to Edelweiss SPV for Rs 2,723 cr")
CPPIB buys shares of FSN E-Commerce Ventures worth Rs 299 crore
Canada Pension Plan Investment Board (CPPIB) on Thursday bought over 1.70 crore shares of Nykaa's parent company FSN E-Commerce Ventures for Rs 299 crore through an open market transaction. CPPIB purchased a total of 1,70,81,850 shares of the company, as per bulk deal data available with the BSE. The shares were acquired at an average price of Rs 175.25 apiece, taking the aggregate value to Rs 299.35 crore. Meanwhile, Mala Gopal Gaonkar disposed a total of 5.75 crore shares of the company. The company's stock is in focus as the mandatory lock-in period for pre-offer investors came to an end on November 10. On Thursday, shares of FSN E-Commerce Ventures closed 0.57 per cent higher at Rs 185.55 on BSE.
 "CPPIB buys shares of FSN E-Commerce Ventures worth Rs 299 crore")
CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit
The Canada Pension Plan Investment Board (CPPIB), Malaysian state-run Petronas and Arcelormittal SA are among the 13 bidders for a minority stake in the green energy unit of India's NTPC Ltd
 "CPPIB, Petronas, Arcelormittal among 13 to bid for NTPC's green energy unit")
Canada Pension Fund sells 0.56% stake in SBI Life for Rs 597 cr
It sold 5.58 million shares at Rs 1,068.35 apiece. Buyers included Aditya Birla Sun Life MF, Avendus, ICICI Prudential MF, Singapore's GIC and Goldman Sachs
 "Canada Pension Fund sells 0.56% stake in SBI Life for Rs 597 cr")
CPPIB to sell 2% stake in Kotak Mahindra Bank, puts 40 mn shares on block
Price band of Rs 1,681.26-1,769.75 per share; CPPIB can fetch between Rs 4,707.5 crore and Rs 4,955.3 crore from the share sale.
 "CPPIB to sell 2% stake in Kotak Mahindra Bank, puts 40 mn shares on block")
Eruditus raises $350 mn in debt from CPPIB to finance M&A activities
The pipeline of potential acquisitions is expected to contribute up to 30 per cent of its online arm's top line and EBITDA in the next five years, the company said
 "Eruditus raises $350 mn in debt from CPPIB to finance M&A activities")
Canada's CPPIB to invest Rs 2,650 crore in JV with realty firm RMZ Corp
RMZ owns and operates a real asset portfolio of 67 million square feet, and are poised to grow to 350 million square feet of assets by 2032
Where do the likes of Blackrock, CPPIB see value in India's biggest IPO
Paytm has signed up BlackRock and CPPIB together with the sovereign wealth funds of Singapore and Abu Dhabi as anchor investors for next week's Rs 18,300 crore ($2.46 billion) IPO
 "Where do the likes of Blackrock, CPPIB see value in India's biggest IPO")
CPPIB and Ontario Teachers' Pension Plan bag NHAI's maiden InvIT
CPPIB, Ontario Teachers' Pension Plan will be anchor investors of Rs 6k-cr issue
 "CPPIB and Ontario Teachers' Pension Plan bag NHAI's maiden InvIT")
Acko raises $255 mn at unicorn valuation from General Atlantic, CPPIB
Total funds raised by the digital insurer now stand at $450 million
 "Acko raises $255 mn at unicorn valuation from General Atlantic, CPPIB")
CPP Investments pays Rs 1,005 cr for addl 15.9% stake in IndInfravit Trust
Units were bought in two separate deals--7% from Sadbhav Infra and 8.9% L&T IDPL in a deal that will happen later
 "CPP Investments pays Rs 1,005 cr for addl 15.9% stake in IndInfravit Trust")
CPPIB CEO Mark Machin steps down after getting vaccinated in UAE
CPPIB said on Friday it had accepted Machin's resignation and appointed John Graham as chief executive officer.
 "CPPIB CEO Mark Machin steps down after getting vaccinated in UAE")
CPPIB floats joint venture with Bengaluru's RMZ to tap office properties
Canada pension fund manager plans to infuse Rs 2,500 cr into the venture
 "CPPIB floats joint venture with Bengaluru's RMZ to tap office properties")
Canada's CPPIB to invest up to $600 million in Indian infrastructure fund
The deal includes a commitment of $150 million in NIIF's Master Fund and co-investment rights of up to $450 million in future opportunities to invest alongside the Master Fund
 "Canada's CPPIB to invest up to $600 million in Indian infrastructure fund")
CPPIB to put major chunk of emerging market funds in India, China
CPPIB plans to put 33 per cent of its funds in emerging markets by 2025
 "CPPIB to put major chunk of emerging market funds in India, China")
Land-buying hurdle hits private equity firms betting on warehousing units
The JV had an equity base of $250 million. Four years since the signing of the pact, people in the know say the JV may invest just $100 million
 "Land-buying hurdle hits private equity firms betting on warehousing units")
CPPIB plans to invest $115 million in logistics provider Delhivery
Delhivery operates in over 2,000 cities and towns
 "CPPIB plans to invest $115 million in logistics provider Delhivery")
Pension fund manager CPPIB looks to re-enter private debt market in India
The desire to enter the private debt space in India comes when there is an acute fund crunch in real estate and among non-banking financial companies
 "Pension fund manager CPPIB looks to re-enter private debt market in India")
Commercial realty will remain an important area for CPPIB: Senior MD
We are here for the long term and India is an attractive market, says Alain Carrier, CPPIB's senior managing director
 "Commercial realty will remain an important area for CPPIB: Senior MD")
