The Canada Pension Plan Investment Board (CPP Investments) committed a minimum of $404 million to private equity investments in Asia in the second quarter of 2022, according to Deal Street Asia.
The Canada Pension Plan Investment Board (CPP Investments) committed a minimum of $404 million to private equity investments in Asia in the second quarter of 2022, according to Deal Street Asia.
The report cites the latest report from CPP, one of the world’s largest pension funds as revealing that between April and June, as revealing that the fund committed to a $120-million co-investment alongside CVC Capital for a stake of up to 17 per cent in Sajjan India Limited, and also committed $100 million to Trustar Capital latest fund, which focuses on control-oriented buyouts in Greater China.
In addition, CPP Investments committed to another co-ibestmemt, this time $50-million alongside Multiples, into Acko Tech & Services, and another $34 million into Kogta Financial Limited.
The fund also closed a $35-million co-investment alongside CVC Capital into gaming hardware maker Razer Inc, and committed $65 million alongside Anchor Equity Partners into Fresh-easy.
Q2 also saw CPP Investments close an aggregate commitment of $333 million to Sequoia Capital’s 2022 fundraising, which includes commitments to the Sequoia China funds and the Sequoia India/Southeast Asia funds.
