Snehal Shah

The Portland-based firm is investing $1bn in vertical farms, raised from investors including San Francisco and El Paso public pension funds and the Development Bank of Japan.

The £22bn pension is meeting its 5% local impact target with low-return venture investments and affordable buy-to-rent homes.

The European Investment Bank, Allianz France and the Wortmann Family Office are among the VC fund’s investors.

Connecticut State Treasurer Shawn Wooden says European regulatory constraints around diversity data present a challenge when it comes to deploying capital in the region, as New Private Markets investigates a ‘clerical error’ relating to a prominent GP.

Virescent Ventures – 70% owned by CEFC executives – now manages CEFC’s A$200m venture allocation and is fundraising another A$200m.

Verdane has backed an electric vehicle charging services company that ‘is not strategic for the really large corporate actors in this space to own’.

Canada’s largest pension has set a net zero by 2050 target – and will support its assets to decarbonise and rely on a whole-economy transition to carbon neutrality to achieve this, CPP’s chief sustainability officer Deborah Orida tells New Private Markets.

Circularity Capital, a fledgling circular economy fund backed by AXA IM Alts, Christian Super and BNP Paribas Fortis, is investing its first growth fund while raising its second.

Sampension’s head of ESG, Jacob Ehlerth Jørgensen, says ‘managers [of unlisted funds] must ensure their investments contribute to the green transition’.

The Clean Energy Finance Corporation and superannuation funds HESTA and Legal Super have invested in the Australia-focused growth equity vehicle.