Charles Avery
A fifth of a £2bn mandate given to Schroders Capital will be used to make impact investments.
The introduction of pooling has given LGPS schemes access to the largest private markets impact funds, while place-based commitments mean that allocations to smaller funds are also set to increase.
The $11bn Californian pension plan has committed to Altor Climate Transition I.
Matt Kean has joined Wollemi Capital, having spent four years as minister for energy and environment in New South Wales.
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The Nordic PE firm, which was among the first private markets managers to embrace ESG, has raised €588m to acquire two assets from its fifth flagship fund.
OTH Capital is seeking $250m for an impact fund, per an SEC filing.
British International Investment has committed $20m to the fund, which has a $400m target.
The fund was launched in partnership with FMO and KfW, and has a $500m target.
The firm expects to wrap up fundraising in the next six to nine months, according to a source close to the fundraise.