The global transition fund, soon to close at $15bn, will be “just the first fund in what we believe will be a very attractive growth avenue,” Brookfield managing director Natalie Adomait said.
The Clean Energy Finance Corporation and superannuation funds HESTA and Legal Super have invested in the Australia-focused growth equity vehicle.
Founded by a JPMorgan alum in 2007, Creation Investments Capital Management focuses on financial inclusion in Asia-Pacific and Latin America.
The Tokyo-headquartered asset manager has launched its sixth Japan-focused renewables fund, targeting $103m.
Seoul-headquartered Envisioning Partners has raised $64m for its climate-focused venture capital fund, TechCrunch reports.
The asset management giant was originally targeting $400m for its first private equity impact fund.
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.
Climate funds cut across asset classes, says Campbell Lutyens, and they are coalescing around three separate themes.
The subsidiary of the Augsburg-based manager is targeting an initial €500m for an affordable residential-focused strategy. In a departure from many social impact vehicles, the firm is raising the capital via a limited life vehicle.
The firm has nearly doubled the size of its flagship private markets fund, helped by its impact investing sleeve and newly added diversity-focused strategy.