Colombia to create $926 mln fund with Caisse, pension funds: Reuters
Colombia’s government has teamed up with Caisse de dépôt et placement du Québec and local pension funds to create a 3 trillion peso (US$926 million) private equity fund to invest in domestic infrastructure, Reuters reported. The fund will focus on energy, including renewable energy, transportation, water, basic sanitation, telecommunications and other infrastructure. The Caisse, one of Canada’s biggest public pension funds, will contribute 1.53 trillion pesos ($627 million) and the remainder will come from the state’s National Development Financer (FDN) and local pension funds Colfondos, Old Mutual, Porvenir and Proteccion.
27 November 2018•1 min read
