Australian, Canadian pension funds pledge $2 billion in NIIF2 min read . Updated: 06 Aug 2019, 09:41 PM IST
- Investments make AustralianSuper, Ontario Teachers shareholders in the wealth fund
- The fund received commitments worth ₹60 crore from HDFC Life and Kotak Bank in the third round
The National Investment and Infrastructure Fund Ltd (NIIF) Tuesday said it has received commitments of about $2 billion from AustralianSuper, Australia’s largest superannuation and pension fund, and Ontario Teachers’ Pension Plan (Ontario Teachers’), one of Canada’s largest single-profession pension plans.
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