CDPQ Private Equity to invest $253m in Edelweiss’ NBFC arm

Date posted: Wednesday 6 March 2019

Canadian pension fund manager Caisse de dépôt et placement du Québec (CDPQ) has signed an agreement to invest over Rs.1,800 crore (about $253 million) in ECL Finance, the non-banking financial arm (NBFC) of Edelweiss Group. The planned investment by CDPQ would contribute towards establishing a large and diversified credit platform in India.

(DealStreet Asia)