Canada pension fund OMERS invests $122 million in CPPIB-backed L&T InvIT

OMERS Infrastructure Management, Inc. has acquired a 22.4 per cent interest in the infrastructure investment trust (InvIT) of L&T Infrastructure Development Projects Limited for Rs 8.7 billion ($122 million). This is OMERS’ first investment in India’s infrastructure sector. The deal follows a similar significant investment made by its peer Canada Pension Plan Investment Board in May 2018.

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