Iris Dorbian
Gas company Saudi Aramco has unveiled a $1.5bn fund focused on energy transition. It will be managed by Aramco Ventures, the company's venture capital arm.
Fund III raised $126m from about 70 LPs, including Bank of America, Blue Cross and Blue Shield of Louisiana, Cambridge Associates, Ford Foundation and Winthrop Rockefeller Foundation.
Contrarian's LPs include Korys Investments, Molten Ventures and the Grantham Foundation.
The women-led firm is targeting $100m.
Bebb joins Thoma Bravo from Google, where she served as the head of global credit and ESG for nearly five years.
Patrizia AG, a global manager of real estate and infrastructure assets, has held a first close on €50 million ($52.8 million) for a new fund called Sustainable Futures Ventures.
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