The public pension fund’s private sustainable investment strategy is scaling up to include more energy transition investments, the strategy’s leaders say.
The $17bn manager has partnered with climate investor Turquoise to launch its first venture capital fund.
'You don't necessarily need the full, full picture to start decarbonising,' a sustainability consultant advises at PEI's Responsible Investment Forum: New York this week.
The asset is the redeveloped Le Magnum building which managers Patron Capital and EDR REIM acquired in 2018.
Opale Capital has a mandate to invest in climate funds from its growth buyout strategy.
The service provider is currently used by firms including MiddleGround Capital, New Mountain Capital and Blue Wolf Capital.
Led by Marcus Felder, Career Pathways launched in 2020. Since then, 50 of Blackstone's portfolio companies have welcomed 6,000 untapped talent hires.
The biodiversity strategy is the first of three sector-specific funds the firm is introducing alongside its diversified sustainable infrastructure strategy, according to sustainable infrastructure managing director Peter Bachmann.
The firm’s Fund II received a €20m commitment from the European Investment Fund.
Temasek's Seviora, ACA and the Ecosystem Integrity Fund are raising capital for climate strategies.