Private equity energy investors embrace the promise but also the challenges of the transition from fossil fuels to the burgeoning renewables movement.
Bamboo Capital Partners’ $500m SDG fund has continued to attract interest because its returns are now closer to what’s available in wider capital markets, says managing partner Florian Kemmerich.
The Impact Alternatives Fund will invest up to 30% of its capital in regen ag and up to 20% in environmental assets in response to investor feedback.
The two firms, which have previously collaborated on a water investment vehicle, have received A$500,000 to explore the business case for a new fund.
Environmental stakeholders are accustomed to thinking about natural benefits such as pollination as a ‘service’ – investors will need to do the same to grasp the natural capital opportunity.
"Asset managers responsible for trillions in investments, issuers, lenders, credit rating agencies, analysts, index providers, stock exchanges – nearly all types of market participants – use ESG as a significant driver in decision-making, capital allocation, pricing, and value assessments"
The founders of Epiphany Community Holdings said covid-19 and social unrest have highlighted the lack of broadband investment in underserved communities.
The investment manager closed its latest fund last September on $220m.
On the firm’s Q1 earnings call, executives said its sustainable initiatives have proven fruitful amid the covid-19 crisis.
Significant exposure to family office capital has prompted fundraising platforms to seek out impact opportunities.