CPP Investments Expands Commitment to India's National Investment and Infrastructure Fund
MUMBAI, India, Aug. 31, 2026 /CNW/ -- Canada Pension Plan Investment Board (CPP Investments) today announced a commitment of up to INR 20.7 billion (US$215 million) to NIIF Infrastructure Fund II (Fund II), the second India-focused infrastructure fund managed by the National Investment and Infrastructure Fund Limited (NIIF), India's sovereign-anchored alternative asset manager.
Building on the success of NIIF's inaugural infrastructure fund, Fund II will invest in infrastructure assets and platforms across India, with a focus on sectors benefiting from long-term structural trends including urbanization, digitalization and energy transition.
NIIF was established in 2015 as a platform to attract private institutional capital to support the country's infrastructure growth. CPP Investments and NIIF have a longstanding strategic relationship, with CPP Investments having committed to NIIF's first infrastructure fund and invested directly in NIIF's investment management platform. The Fund II commitment further deepens CPP Investments' partnership with NIIF and establishes a pathway for collaboration across infrastructure opportunities in India.
James Bryce, Managing Director, Head of Infrastructure, CPP Investments, said: "This commitment builds on our existing partnership with NIIF and reflects our confidence in the platform's ability to originate, build and scale high-quality infrastructure assets. Through Fund II, we see an attractive opportunity to deploy long-term capital alongside a trusted partner while generating solid risk-adjusted returns for CPP contributors and beneficiaries."
Sanjiv Aggarwal, Managing Director & CEO, NIIF, said: "We are delighted to continue our partnership with CPP Investments through Infrastructure Fund II. Their continued commitment reflects the strength of our relationship and shared conviction in India's long-term infrastructure opportunity. We look forward to building on this partnership to deploy capital at scale and create high-quality infrastructure businesses that support India's next phase of growth."
Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Canada Pension Plan Fund in the best interest of the more than 22 million contributors and beneficiaries. In order to build diversified portfolios of assets, we make investments around the world in public equities, private equities, real estate, infrastructure, fixed income and alternative strategies including in partnership with funds. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm's length from governments. At June 30, 2026, the Fund totalled C$863.6 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Instagram or on X @CPPInvestments.
About National Investment and Infrastructure Fund (NIIF)
NIIF is India's sovereign-anchored alternative asset manager, catalysing global capital into sectors and asset classes that play an important role in India's growth journey. Anchored by the Government of India in partnership with leading global investors, NIIF manages USD 7+ billion in equity capital commitments across four strategies: Infrastructure, Private Markets, Growth Equity and Climate Investments. For more information, please visit www.niifindia.in.
SOURCE Canada Pension Plan Investment Board
Media Contact: CPP Investments, Connie Ling, Public Affairs & Communications, [email protected], T: + 852 3959 3476
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