climate solutions

There is substantial appetite for impact among smaller, regional European pension funds, according to Zebra Impact Ventures co-founder Fabio Sofia.

'If you have a very clear set of objectives you’re trying to achieve, it is much harder to deliver them through blind pools,' CEO Angus Whiteley tells New Private Markets.

The strategy, which is targeting €1bn, has found early favour with LPs, with more than 20 already on board.

Decarbonization Partners, led by Meghan Sharp, has already deployed 25% of its late-stage venture and growth equity fund.

A detailed list of climate-focused venture capital funds raised since January 2022.

Blackstone Energy Transition Partners IV was launched in 2022 with a $6bn target, but is expected to close at '$4bn-plus', the firm said last year.

Baker Hughes CEO Lorenzo Simonelli highlights the need to diversify global energy supplies, while Chart Industries CEO Jillian Evanko cites customer demand.

The New Zealand Superannuation Fund committed $100 million to Wellington CIF, a late-venture and early-growth strategy.

The fund's focus on 'driving emissions reductions and energy savings today' filled a gap in the fundraising market, says managing partner Stuart Barkoff.

The debut forestry fund surpassed its $200m target and will be deployed exclusively in Paraguay.