biodiversity

SWEN’s Blue Ocean Fund has closed above target and joins a small group deploying capital to preserve ocean health.

The debt fund will use a blended model to target foundations, family offices, high-net-worth individuals.

The risks and opportunities associated with nature are a major action item for general partners this year, according to senior ESG and sustainability execs.

The European private equity firm plans to set a decarbonisation plan at both the GP and portfolio level in the coming year, says Denise Odaro, head of ESG & sustainability.

Alvar de Wolff, managing director, head of ESG and responsible investing at Bregal Investments, tells New Private Markets what the firm is thinking about nature-based risks and opportunities in 2023.

The private markets firm is working with peers on the topic of biodiversity, says Tang Zongzhong, head of sustainability at BPEA EQT in Singapore.

Advancement in sustainability-linked credit has sharpened focus on measuring, reporting and verification, says Actis head of sustainability Shami Nissan.

Ares Global Management also plans to build its 'institutional capacity for engaging on decarbonisation', in the coming year, says Adam Heltzer.

Permira has hired a climate specialist to support portfolio level decarbonisation, and some of Permira's portfolio companies are setting science-based emissions reduction targets, says Shackleton.

Natural capital is becoming both a distinct impact strategy and an aperture through which to view an entire portfolio for risk management and value creation opportunities.