Charles Avery
The firm has picked Valentina Abbott to help it gather more capital for its sustainable investment strategies.
Diversified product offerings and resource efficiency will be key themes in the firm's climate strategy, according to its 2022 sustainability report.
The fund overdelivered on its £175m target and received commitments from 50 investors.
The firm identified key ESG management areas of focus for each asset class in its latest sustainability report.
The insurer has launched a €100m strategy to invest in up to 25 biomethane plants across Spain over a five-year period.
Monetising the biodiversity benefits of nature-based strategies would bring a 'huge amount of upside', says AXA IM Alts' Jonathan Dean.
The firm's first impact product closed at the end of 2022 and recently signed its fifth deal.
LPs should start investing alongside DFIs even it it means a smaller ticket size, according to L&G portfolio director Michael Klaster.
A survey of investors in PE funds also found that most US LPs are yet to hire specialist ESG personnel.
Regulation and a lack of impact allocation opportunities were also on the minds of panellists at the firm's impact forum in London this week.