Blackstone Energy Transition Partners IV was launched in 2022 with a $6bn target, but is expected to close at '$4bn-plus', the firm said last year.
The New Zealand Superannuation Fund committed $100 million to Wellington CIF, a late-venture and early-growth strategy.
The fund's focus on 'driving emissions reductions and energy savings today' filled a gap in the fundraising market, says managing partner Stuart Barkoff.
The fund strategy is to bridge a gap in the export financing market for infrastructure projects in Africa.
The fund is approaching its $100m target and will close later this year, according to a statement.
The debut forestry fund surpassed its $200m target and will be deployed exclusively in Paraguay.
US and European institutions backed the firm's €135m buyout fund.
ODDO BHF Commit for Tomorrow is targeting €100m for a mixture of primary fund commitments, secondaries and co-investments aligned with one of three environmental themes.
Maniv has closed its third venture fund at $140m, backing early-stage companies decarbonising and digitalsing the transport sector.
'Flexible investing' funds come in all shapes and sizes - but, as fund managers recognise the need to scale new solutions to mitigate climate change, almost every 'flexible' climate fund has a private equity component.