Charles Avery
The GP stakes investor is looking to improve its managers sustainability standards regardless of their starting point, according to deputy CEO and COO Renaud Tourmente.
The impact manager scored 94.4 in the B Labs assessment.
The $17bn manager has partnered with climate investor Turquoise to launch its first venture capital fund.
Opale Capital has a mandate to invest in climate funds from its growth buyout strategy.
The biodiversity strategy is the first of three sector-specific funds the firm is introducing alongside its diversified sustainable infrastructure strategy, according to sustainable infrastructure managing director Peter Bachmann.
The firm's green transition and social infrastructure funds have each raised €1bn, reflecting LP demand for sustainability, infrastructure and private debt.
The pension fund took part in Octopus's $800m funding round alongside Generation Asset Management.
Malena helps investors identify ESG issues by processing company documentation.
The initiative's applicability to both GP and portfolio companies means it is emerging as a 'gold standard' in private markets.
The growth firm has just invested in AiDash, which helps utilities company's manage the climate risks posed to their power infrastructure.