CPPIB invests US$100m in India fund

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INDIA/CANADA - The Canada Pension Plan Investment Board (CPPIB) has made its first investment in an India-focused private equity fund.

The pension fund investor agreed to commit up to $100m to the fund managed by India's Multiples Alternate Asset Management, set up by former ICICI Venture managing director Renuka Ramnath less than...

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