Ontario Teachers', AustralianSuper To Invest $2 Billion In India's Infrastructure Fund

India's sovereign wealth fund manager National Investment & Infrastructure Fund Ltd (NIIF) said on Tuesday Canada's Ontario Teachers' Pension Plan and Australia's biggest retirement fund AustralianSuper planned to invest a total of $2 billion in its Master Fund.

Both Ontario Teachers' and AustralianSuper have each signed agreements for investments of up to $1 billion in the fund, NIIF said in a statement.