impact investing

The firm has nearly doubled the size of its flagship private markets fund, helped by its impact investing sleeve and newly added diversity-focused strategy.

‘Demand for climate resilience companies is driven by the rate and speed of climate change, not by the credit cycle or consumer behaviour,’ says Jay Koh, co-founder of impact firm Lightsmith, which has just raised its debut climate resilience fund.

Chief investment officer Ethan Hall and investment director Anita Bhatia describe how the organisation is investing in improving real-world health outcomes.

'There is considerable upside for everyone... tens of millions more Africans could gain stable employment while generating returns for investors,' said Allianz’s Martin Ewald.

‘We are constantly being asked for impact funds in emerging markets, but it’s very difficult to grow that from scratch’, says Will Nicoll, CIO of M&G’s private and alternative assets strategy.

High-profile investing and environment figures have input in investments and ‘give the fund a lot of credibility’, Paul Polman, co-chair of the mission board and former Unilever chief, tells New Private Markets.

AllianzGI is rolling out an impact framework as it brings its private markets impact activity together into one dedicated unit.

Aavishkaar, a Mumbai-headquartered impact firm, will make equity and debt investments to improve companies’ ESG standards.

The bank’s asset management division committed $150m to anchor a new strategy targeting growth-stage climate companies.

Today the Nordic sustainability-focused PE firm announced a €2.3bn fund close and an expansion of its investment remit.