Toby Mitchenall
Rana Modarres was with Oxfam for seven years, having previously had spells with Lehmen Brothers Investment Management and Barclays Wealth.
Revealing details of the deal to CHI employees in person was, 'one of the most joyful things I have been involved in in my life', said KKR's Pete Stavros.
The case for investing in climate-focused vehicles is simple; avoiding disappointment will be complicated.
The fund was unveiled earlier this year with a $150m anchor commitment from the bank.
Last year the firm acquired venture capital fund of funds business Greenspring Associates.
Meketa Investment Group received nearly 50% more responses from managers to its annual DE&I questionnaire than last year.
Goldman Sachs' head of EMEA private equity Michael Bruun does not think we are at the 'too much money chasing too few deals' stage.
The firm has so far committed around $2bn of the $7.3bn fund to deals and has been pleased 'by the scale and persistency of opportunity'.
The fund has made three investments so far: a gym chain, a residential property development and a financial technology business. It 'aspires to change the way institutional capital flows to communities of colour,' says alternatives chief Edwin Conway.
The listed firm has added professionals in New York and Copenhagen.