Snehal Shah
Temasek subsidiary Azalea has launched an ESG fund of funds to back ‘managers committed to investing purposefully to create lasting positive environmental and social impact’.
Itochu and Tokyo Century join the Japan Bank for International Cooperation as investors in Hy24 Partners, a joint venture between Ardian and FiveT Hydrogen.
The foundation is an adviser to Future Planet Capital’s ocean biodiversity VC fund and may become an LP, the fund manager tells New Private Markets.
The Paris-listed firm is planning to launch several additional climate-focused funds across different strategies to meet its €5bn climate fundraising target by 2025.
The parent company of Sumitomo Mitsui Trust Bank, a gatekeeper for Japanese pension funds, is transforming its purpose to ‘balanced creation of both social value and economic value’.
The £32 billion pension has raised its ESG data hurdle for managers as it struggles to aggregate managers’ data and obtain DEI data, head of ESG Claire Curtin says at the Infrastructure Investor Global Summit in Berlin.
Octopus anticipates ‘negative impact to the portfolio’s performance... but it’s our responsibility’ to retrofit care homes for carbon neutrality.
The firm will set net-zero targets for Fund IX and X portcos – but Apax has not yet laid out a total-portfolio net-zero target.
There’s a mismatch between pension funds’ bitesizes, risk appetites and the impact fund market. Former Leapfrog fundraiser Xenia Loos and Marlene Stam’s advisory shop is trying to resolve that.
Generation IM impact offshoot Just Climate adds Tushar Kumar as its third senior appointment in four months.