Snehal Shah
Warburg Pincus hedges its bets while Partners Group, GIC and Swiss Re invest in carbon capture specialist Climeworks, as global demand for carbon offsets is set to grow to meet net-zero targets.
The £22 billion UK pension pool has earmarked £1.35bn to climate investments – the largest part of its £4bn private markets investment plan – and is looking at carbon capture technologies and disruptive technologies for hard-to-abate industries.
Climeworks has raised $649m from institutional investors to scale its direct air carbon capture and storage facilities.
Daren Moss joins Ares from the Brixmor Property Group – previously owned by Blackstone – where he was a VP for sustainability.
Gomez was head of ESG and sustainability at PAI Partners and global coordinator for the initiative Climat International.
'Everything starts in a high-income country,' says head of impact investing Jonathan Dean.
Three charts show diversity in US private equity, including details of ethnic group sizes and promotion rates for men and women, from research by McKinsey & Company.
Nuveen will invest the Global Impact Fund – which closed below target earlier this year – and TIAA capital in climate resilience for developing markets, New Private Markets understands.
‘We’re able to get the word out,’ says Regeneration.VC – which has raised $45m for its debut circular economy fund from a raft of public figures and family offices.
The Clean Growth Fund has closed at £101m with investments from the Merseyside, South Yorkshire and Strathclyde pension funds.