The venture capital firm focused on early-stage climate tech companies in North America and Europe has closed its inaugural select fund.
Malena helps investors identify ESG issues by processing company documentation.
The initiative's applicability to both GP and portfolio companies means it is emerging as a 'gold standard' in private markets.
The growth firm has just invested in AiDash, which helps utilities company's manage the climate risks posed to their power infrastructure.
Two 'very important IPOs' drove value creation for the firm's climate fund in 2023, said executive chairman Jim Coulter.
The French technology manager is the second firm to receive investment from Armen's debut GP stakes fund.
Clean Industry Ventures invests in energy transition, industrial transformation and climate technology according to its website.
Generate Capital invests permanent capital via debt and equity structures and provides operational services.
Like CalPERS, CalSTRS, LACERS and NYCERS, the Oregon Public Employees Retirement System will have an extensive climate investment policy if Treasurer Read’s proposals are accepted.
Booming demand from LPs motivated Brookfield to launch Global Transition Fund II, targeting $20bn, before BGTF I has realised any returns, president Connor Teskey says.