Charles Avery
The fund overdelivered on its £175m target and received commitments from 50 investors.
The firm identified key ESG management areas of focus for each asset class in its latest sustainability report.
The insurer has launched a €100m strategy to invest in up to 25 biomethane plants across Spain over a five-year period.
Monetising the biodiversity benefits of nature-based strategies would bring a 'huge amount of upside', says AXA IM Alts' Jonathan Dean.
The firm's first impact product closed at the end of 2022 and recently signed its fifth deal.
LPs should start investing alongside DFIs even it it means a smaller ticket size, according to L&G portfolio director Michael Klaster.
A survey of investors in PE funds also found that most US LPs are yet to hire specialist ESG personnel.
Regulation and a lack of impact allocation opportunities were also on the minds of panellists at the firm's impact forum in London this week.
Damien Marty, who joined from Tikehau, is the latest in a string of arrivals for the environment-focused manager.
Hong Kong insurer AIA is the latest Asian LP to join Leapfrog's investor base, having committed $200m earlier this week.