The debt facility aims to help the state of Gujarat improve connectivity through a $1.5bn infrastructure programme.
South Korea’s sovereign wealth fund is reportedly attempting to nearly double its assets under management by 2020, its chief executive officer said at its anniversary ceremony this week.
The two countries’ sovereign wealth funds will inject another $1bn into an existing Russia-focused vehicle, which also looks to raise $2bn from third-party investors.
.jpg "CPPIB names new global head of real assets(1)")
The news comes less than a year after the Canadian pension announced the group's formation and appointed its first global head.
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The Canadian pension fund sees several new appointments in its senior management.
The Canadian pension plan has named a new executive to the role less than a year after announcing the formation of the real assets group and its first global head.
Almost triple the size of its predecessor, the vehicle will look to invest across OECD markets and seek net returns of between 9% and 10%.
Formed in May, the unit helmed by William Barry aims to capture the premium generated through de-risking African renewables projects.
Backed by five debt providers, the funds will be used to expand two airports on the island won in a concession in 2015.
TINC is set to acquire nearly a quarter of the highway PPP six months after raising €77m via a capital increase.
The new hub at Jewar is expected to complement the existing Indira Gandhi International Airport as air traffic grows rapidly in the capital region.
.jpg?id=12885363847 "ADIA warns on rising infra prices, lower returns")
The sovereign fund says heightened competition has pushed investors towards emerging markets and blurred boundaries with private equity.
The second infrastructure vehicle to target the region is seeking double-digit returns from an expected 10 investments.
The German asset manager has enlisted support from four European institutions as it advances towards its €500m target.