More than a third of investors say they are 'unlikely' to hire managers lacking in diversity, but real world data challenges this position, reports bfinance.
The Kuwait-owned investment manager is leveraging technology to mitigate the 'unpredictable nature' of climate risk, says managing director Avantika Saisekar, a speaker at the upcoming Impact & Transition Investor Summit.
The proposal would place major challenges on the three pension funds, which have been regular investors in funds managed by Brookfield, KKR, Stonepeak and BlackRock.
TPG has secured three anchor investors for its nascent climate infrastructure fund, while Brookfield is confident it will hit the target for its second transition mega-fund.
Head of private equity growth Pedro Faria says the firm is trying to find its feet in a nascent market that could attract as much as $40bn within 15 years.
Mandatory benchmarking is making it difficult for supers to allocate to impact funds, which often blur asset class lines.
The firm has registered Impact Lending Fund I, a regulatory filing shows.
This year's GIIN Impact Forum took a different tone to usual, reflecting how far the industry has come.
The €11bn manager has hired a three-person team from Fiera Private Debt to staff the new office.
The fund will invest in afforestation projects, nature-related tech and commercial forestry.