The flow of institutional capital into emerging markets is increasing, but the shortfall remains huge.
Deputy chief executive Frederic Giovansili provided an update on the firm's impact strategy on its H1 results call.
Galvanize is tying 30% of its carried interest to sustainability goals, a fund document shows.
Leahy will focus on creating value through sustainability projects within L Catterton's $35 billion portfolio.
Most investors are finding the financial performance of their impact investments are meeting or exceeding expectations, according to a report from Blue Earth Capital.
The supply-demand fundamentals in the sector have also meant more attention from institutional investors.
Local government pension schemes committed an aggregate £275m across two affordable housing funds.
The Singaporean investor believes there is a lack of financing available for 'nascent or maturing climate technologies' that are too mature for venture capital but not ready for infrastructure investment.
Fundraising for impact strategies has picked up after a year to forget in 2023.
The pension plan is now measuring the emissions of half of its property portfolio. Whether that is a positive or negative is a perspective call.