Toby Mitchenall
The European PE firm has appointed the former head of ESG at British American Tobacco.
The infrastructure manager has secured a $1.2bn credit facility for its latest energy fund that incorporates a 'use of proceeds' format and a margin ratchet.
The private debt manager will provide quarterly reporting to investors on the carbon footprints of the portfolio as a whole and on a name-by-name basis, it has said.
After raising some seed capital, the impact verification outfit is building its European presence.
The management team at Netherlands-headquartered Enviolo has a direct economic incentive to hit ESG-related goals.
The asset management giant was originally targeting $400m for its first private equity impact fund.
Funds with over 50% women ownership or a woman founder will be eligible to receive 'preferential service terms'.
The listed manager has signed up to the Initiative Climat International.
Even as impact investing becomes big business among asset managers, the data infrastructure on which it is built is still somewhat reliant on the vision and largesse of philanthropic groups.
AllianzGI is rolling out an impact framework as it brings its private markets impact activity together into one dedicated unit.