CPPIB will invest C$200m for 30% of IndInfravit Trust, Allianz Capital Partners will buy 25% stake. :
Canada Pension Plan Investment Board and Allianz, as anchor investors, have acquired a majority stake in the first private infrastructure investment trust in India. CPPIB said it will invest C$200m (€130.8m) for 30% of IndInfravit Trust and Allianz Capital Partners (ACP) will buy 25% stake. L&T Infrastructure Development Projects (L&T IDPL), IndInfravit’s sponsor, will hold 15%. The remaining stake will be held by other local and international institutional investors.