Fund launch marks a new strategy for impact specialist Bridges, atypically investing outside the UK.
The firm looks for infrastructure investments in energy, water and urban infrastructure that are well positioned to weather the 'triple threat' of physical, regulatory and policy climate risks.
The fund is backed by mainly large utility, energy and industrial companies, including Microsoft Climate Innovation Fund, Williams Cos and Duke Energy
Because of the perceived greater flow of climate-related opportunities this year, TPG is targeting more fundraising in both 2023 and 2024.
Essex Pension Fund becomes the first LP to commit to Stafford’s first timberland fund which has carbon credit revenue built into its returns profile.
Ara Partners’ industrial decarbonisation buyout fund could be one of the biggest impact funds in private equity if it hits its target – the firm has also launched a $300m-target infrastructure climate fund.
The fund will target nature-based real asset solutions and nature restoration value chain businesses, says a source.
The Liechtenstein Group is seeking an inside track on tech to make its real estate holdings more sustainable.
Brunel Pension Partnership, one of the UK’s Local Government Pension Scheme pools, has cornerstoned Oxford's debut real estate impact fund, which is targeting £400m.
Palatine Impact Fund II will make investments of up to £30m in companies that are creating social or environmental change.