Snehal Shah

The European impact firm has raised €95m for its ocean impact strategy and plans to invest in biodiversity measurement tools to dive into biodiversity credits.

Debt manager Oak Hill Advisors has tapped SASB’s head of private investments.

Climate funds cut across asset classes, says Campbell Lutyens, and they are coalescing around three separate themes.

Florida Retirement System has previously invested in TPG Rise Funds and Summa’s second fund.

Jessica Pilz will lead the $5.5bn AUM firm’s ESG efforts across its UK and Canada businesses.

‘Demand for climate resilience companies is driven by the rate and speed of climate change, not by the credit cycle or consumer behaviour,’ says Jay Koh, co-founder of impact firm Lightsmith, which has just raised its debut climate resilience fund.

‘Big asset managers have the managerial bandwidth to make an impact on portfolio companies and their supply chains. There are no excuses,' says Fabio Ranghino, IIGCC’s private equity working group co-lead.

Harvard Management Company has a $18bn allocation to private equity – including venture capital – and has brought ESG into its recently redrawn risk tolerance levels in recent years.

'There is considerable upside for everyone... tens of millions more Africans could gain stable employment while generating returns for investors,' said Allianz’s Martin Ewald.

‘We are constantly being asked for impact funds in emerging markets, but it’s very difficult to grow that from scratch’, says Will Nicoll, CIO of M&G’s private and alternative assets strategy.