Canada Pension Plan Investment Board, Toronto, committed $100 million to a high-yield corporate debt fund run by Chile-based money manager Moneda Asset Management, according to Pensions & Investments. 

The commitment was made by the private investments unit of CPPIB, which manages the assets of the C$264.6 billion ($220.3 billion) Canada Pension Plan, Ottawa.

CPPIB had C$73.4 billion in private investments, about 27% of its overall assets, as of Dec. 31, according to the board’s 2014 annual report. In private investments, about 6% was in Latin American investments as of that date.