climate

Climate-focused venture funds raised a combined $6.9bn as of August 6, up from $5.2bn for all of 2023, according to Venture Capital Journal research.

TPG will hold first closes on Rise Climate II and Rise Climate Infrastructure this year, says chief executive Jon Winkelried.

British International Investment has committed $20m to the fund, which has a $400m target.

The fund was launched in partnership with FMO and KfW, and has a $500m target.

Deputy chief executive Frederic Giovansili provided an update on the firm's impact strategy on its H1 results call.

Galvanize is tying 30% of its carried interest to sustainability goals, a fund document shows.

The Singaporean investor believes there is a lack of financing available for 'nascent or maturing climate technologies' that are too mature for venture capital but not ready for infrastructure investment.

Our 2024 list of the largest managers of impact capital reveals which strategies and managers are getting attention from LPs.

Clwyd Pension Fund has established a separately managed account with Capital Dynamics.

Wales Pension Partnership is demanding more disclosure from its GPs, according to its latest climate policy document.