SBI Holdings will provide $40m to anchor Novastar Venture's upcoming funds, according to a press release.
Incentives tied to impact targets have come a long way in a short space of time, but best practices around these mechanisms are still evolving.
Panellists called for clearer 'bright lines' around key concepts at the Impact Investor Summit: North America on Tuesday.
The vehicle, which seeks to tackle regional inequality in the UK, has made 15 investments so far, CEO Duncan Johnson said.
More data and guidance is needed to understand how physical risk impacts real estate values, said managers on a ULI Europe webinar.
The new office will serve as a hub for the sustainable infrastructure manager's European activity, according to a press release.
The strategy has a strong energy transition theme which has helped it attract commitments from wealth investors, says infrastructure co-head Tavis Cannell.
Another full year of ESG data gathering by EDCI members shows shows some progress within a mixed bag of performance data.
Nick Wood, CEO and CIO of Resonance Asset Management, says the fundraising market will recover some momentum soon.
The package will be used to make upgrades across the 8,600-unit portfolio and includes a €40m green loan.