impact investing

Nuveen’s Rekha Unnithan tells New Private Markets the firm ‘did the right thing by our LPs’ in closing below its original $400m target and says it is already planning its next impact fund.

The firm has linked 100% of its carry to hitting impact goals and will invest in sustainable companies across the food value chain in the OECD.

State-backed investor Nysnø is ‘building a net-zero society on the shoulders of’ Norway’s oil and gas companies' extraction expertise with venture capital climate tech investments.

Investors increasingly seek positive environmental and social outcomes alongside financial returns from their portfolios, but there is much more to the impact label than simply building a wind farm.

Extending basic infrastructure in developing countries is vital for achieving the United Nations’ Sustainable Development Goals, but macroeconomic headwinds are a key concern.

Dutch insurance provider NN Group is looking for early-stage investments in real estate, infrastructure and private equity for its €6bn climate solutions allocation, NN Group tells New Private Markets.

Blue Earth is investing $210m of mandate capital alongside its second PG Impact Investments fund – which has closed on $150m – into debt and equity impact fund managers in emerging markets.

The Japanese bank plans to commit up to $120m from its impact strategy.

'Everything starts in a high-income country,' says head of impact investing Jonathan Dean.

Nuveen will invest the Global Impact Fund – which closed below target earlier this year – and TIAA capital in climate resilience for developing markets, New Private Markets understands.