CPP Investments

CPP Investments is committing up to $1 billion to a new Indian data centre partnership with CtrlS Datacenters, expanding its digital infrastructure footprint in one of the world’s fastest-growing data economies. The Toronto-based investment manager will invest $588 million to acquire an 8.2 percent stake in CtrlS, and up to $441 million into a joint venture to develop hyperscale campuses across India.

CPP Investments will hold 48 percent of the venture, with CtrlS owning 52 percent. The partnership targets demand from hyperscalers, cloud providers, AI applications, and enterprises as India’s digital economy scales and data infrastructure needs substantially accelerate ahead.

Want to know more? Check out the source code on DataCentre.ca.

EQT and CPP Investments have acquired HR software company Neogov in a $3 billion deal from Warburg Pincus and The Carlyle Group. Neogov, which serves public sector organizations, will focus on integrating AI to enhance compliance and efficiency under its new ownership.

The transaction reflects a rising trend of sponsor-to-sponsor exits, which account for 51.3% of U.S. private equity exits year-to-date, according to PitchBook. CPP Investments targets large-scale technology and service deals in North America and Europe, while the acquisition brings EQT X fund deployment to roughly 60-65%.

Want to know more? Check out the source code on PitchBook.