Canada Pension Plan Investment Board (CPP Investments) has disclosed several real assets commitments and reported a $16 billion decrease in net assets for the quarter ending June 30.
CPP Investments has committed an additional €803 million ($828 million) to Power Capital (RPC), its European onshore renewables platform; invested a total of 375 million to Octopus Energy; and committed a further C$700 million ($548 million) to its Indian-toll-roads portfolio company IndInfravit Trust as part of a transaction to acquire five operating road concessions from Brookfield Asset Management.
CPP Investments also closed on a $100 million commitment to Kimmeridge Fund VI. The vehicle is managed by Kimmeridge, a U.S.-based alternative-asset manager focused exclusively on the energy sector.
In addition, CPP Investments said it increased its commitment to BAI, a global communications infrastructure provider, alongside partners Manulife and AIMCo; CPP Investments has committed