Charles Avery
Quilvest Capital Partners and Unigestion led the transaction, which is believed to be the first Article 9 continuation vehicle.
Daily Mail and General Trust and Moore Capital Management have launched Renown Capital Partners, which will begin fundraising in 2024.
UK and German governments commit £9 million and €33 million respectively.
The new platform lists afour-person leadership team, chaired by Sultan Ahmed Al Jaber.
The platform will lend to companies in emerging markets looking to reduce their carbon emissions.
The Green Energy Solutions Fund invests in energy efficiency and also received commitments from M&G and The Ireland Strategic Investment Fund.
The firm has proposed an amendment to the £466m vehicle that will put sustainability improvement and decarbonisation at the core of the strategy.
Active Impact Investments launched its third fund earlier this year and invests in early-stage climate tech.
REST has committed to achieving a one percent impact allocation by 2026, according to its annual report.
The new fund will invest in spinouts from UK institutions that help mitigate climate change and biodiversity loss.