Canadian Pension Fund La Caisse Buys 24% Stake in Brookfield-Backed Altius for ₹12,100 Cr
The deal adds a long-term investor to India’s largest independent telecom tower platform as mobile data and 5G demand rise.
- On Wednesday, Sept. 2, 2026, global investment group La Caisse announced it acquired a 24% stake in Brookfield-backed Altius Telecom Infrastructure Trust for CAD 1.76 billion.
- Altius operates more than 258,000 telecom towers across India, positioning the platform to meet surging demand for mobile connectivity and 5G infrastructure in the world's second-largest telecommunications market.
- Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure and Sustainability at La Caisse, said the firm knows the sector well through prior investments and emphasized that digital infrastructure must keep pace with India's economic growth.
- Following the transaction, Brookfield remains the largest investor in Altius, while existing shareholders include affiliates of Singapore sovereign wealth fund GIC and British Columbia Investment Management Corporation .
- With CAD 552 billion in net assets as of June 30, 2026, La Caisse pursues a dual mandate to generate long-term returns for 48 depositors representing over 6 million Quebecers while supporting Quebec's economic development.
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La Caisse acquires 24% stake in Altius Telecom Infrastructure Trust for ₹12,100 crore
Global investment group La Caisse and Brookfield... announced that La Caisse has invested approximately ₹121 billion to acquire a 24% stake in Altius Telecom Infrastructure Trust, said a statement
Canadian Pension Fund La Caisse buys 24% stake in Brookfield-backed Altius for ₹12,100 cr
Canadian investor La Caisse acquired a significant stake in Altius Telecom Infrastructure Trust. This investment totals approximately ₹12,100 crore, reflecting confidence in India's digital growth. Altius operates over 258,000 telecom towers, supporting mobile and 5G services nationwide. Brookfield will continue as the largest investor in the infrastructure platform. This deal highlights growing global interest in India's expanding digital infra…
On Wednesday, the Caisse announced an investment of nearly $1.8 billion in Altius, an important Indian telecommunications tower company.
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