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CPPIB grows more selective on AI credit, flags NAV lending

The Canadian pension plan cites excessive valuations and complex financing arrangements in AI projects while naming fund finance and NAV lending as opportunities.

Canada Pension Plan Investment Board is becoming more selective about financing AI-related projects, citing excessive valuations and complex financing arrangements, Bloomberg reported Nov. 3, as cited by Private Equity Wire.

CPPIB named fund finance and net-asset-value lending as opportunities.

For allocators evaluating private-credit pitches, the report names a concrete checklist: valuation marks and financing complexity in AI credit, while fund finance and NAV lending are the plan's stated opportunities.

Reported by the Who's investing desk from Private Equity Wire and Bloomberg (cited by Private Equity Wire). Published . Corrections

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CPPIB grows more selective on AI credit, flags NAV lending