The French manager is targeting €300m for its impact debut, which will link half of its carried interest to impact performance, according to general partner Rémi Said.
Quilvest Capital Partners and Unigestion led the transaction, which is believed to be the first Article 9 continuation vehicle.
Daily Mail and General Trust and Moore Capital Management have launched Renown Capital Partners, which will begin fundraising in 2024.
Mirova Sustainable Land Fund 2 will invest in agriculture and forestry projects with objectives of climate change adaptation, mitigation and biodiversity preservation.
Peter Roberts has joined from H2 Green Steel, a developer of hydrogen-powered steel plants backed by Just Climate, GIC and Hy24.
Meketa’s scenario analyses provide sobering evidence of how best-case global warming scenarios will impact pension funds' valuations and average returns.
UK and German governments commit £9 million and €33 million respectively.
The new platform lists afour-person leadership team, chaired by Sultan Ahmed Al Jaber.
The platform will lend to companies in emerging markets looking to reduce their carbon emissions.
With TPG, Brookfield and BlackRock launching global south climate strategies, large scale institutional capital may finally be destined for emerging markets.