[6] With an initial investing focus on emerging market debt,[5] Cordiant's first fund closed in 2001 with US$360 million raised from its sole two investors at the time: Ontario Teachers' Pension Plan and Caisse de dépôt et placement du Québec.
In 2005, the Government of Canada created its $211 million Canadian Investment Fund for Africa,[4] with Actis and Cordiant as co-managers.
[7] ln December 2009,[8] Cordiant was selected to manage the €500 million Infrastructure Crisis Facility-Debt Pool,[9] part of a $4 billion program launched by the World Bank.
[5] Upon the change in ownership, Cordiant focused on four sectors: digital infrastructure, agriculture, renewable energy and transport.
It was given a £370 million funding cap with plans to invest in telecom infrastructure: data centers, primarily mobile-phone towers and fiber-optic networks.