impact investing

The introduction of pooling has given LGPS schemes access to the largest private markets impact funds, while place-based commitments mean that allocations to smaller funds are also set to increase.

The $11bn Californian pension plan has committed to Altor Climate Transition I.

Matt Kean has joined Wollemi Capital, having spent four years as minister for energy and environment in New South Wales.

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.

OTH Capital is seeking $250m for an impact fund, per an SEC filing.

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.

The firm expects to wrap up fundraising in the next six to nine months, according to a source close to the fundraise.

The flow of institutional capital into emerging markets is increasing, but the shortfall remains huge.

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