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CDPQ betting on India’s financial space, says Anita George

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CDPQ betting on India’s financial space, says Anita George

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India’s financial sector still has a long runway and that is what CDPQ is betting on along with Edelweiss to build business that would grow and last, said Anita George, executive vice-president, strategic partnerships, CDPQ

India’s financial sector still has a long runway and that is what CDPQ is betting on along with Edelweiss to build a business that would grow and last, said Anita George, executive vice-president, strategic partnerships, CDPQ.

Canadian pension fund CDPQ, with over $300 billion of assets under management (AUM) globally, recently committed $250 million to Edelweiss Financial Services. “Our approach as long-term investor in the market and as a partner to Edelweiss is to really look at this more from a long-term point of view and we see a lot of merit and scope for growth,” George added.
Our approach is basically to work with partners and going forward, if we do find right partners who are in the game for the long-term, we could look at them, said George.
"We also have an approach of investing multiple rounds with the partners that we have selected," she said, adding that they have four partners in the financial sector – Kotak Mahindra Bank, HDFC Limited, Piramal and Edelweiss.
“Our approach would be to work with these as well as look at new partners if we find the right ones,” she said.
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