CPPIB commits $225 mn to India Resurgence Fund

CPPIB commits $225 mn to India Resurgence Fund IndiaRF, which was set up with Piramal Enterprises Limited and Bain Capital Credit as joint sponsors, seeks to make investments in assets which are in distress through the purchase of existing debt and equity securities through bankruptcy courts or directly from lenders, or through newly issued securities, according to a statement.

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