Michael Bowen
The renewable energy investment firm could close its seventh climate infrastructure fund at more than twice the size of its predecessor in autumn next year, says CEO Peter Davidson.
The Brazilian investment bank currently relies on concessionary investors to ensure steady fundraising, but it sees DFIs as a temporary, not permanent, part of its LP base.
The partnership offers BlackRock's outsourced chief investment officer services and PCG Impact's coverage of impact fund managers to pension funds, foundations, endowments and family offices.
The regional lender's contribution kicks in increased commitments from Truist Bank and Flagstar Bank, and brings the fund's total investment capacity to $315m.
The upper echelons of the Impact 75 are home to many infrastructure funds – does the asset class have an inherent link to impact?
The unnamed office commits to Acumen's second climate resilience fund alongside Swedfund, BIO, FASA and returning investors.
Foundations, religious organisations and healthcare associations are directing more investments to local communities, aware that philanthropy alone is not enough, according to CCM co-chief impact strategist Jessica Botelho.
The industry body for impact investing expects to name a replacement for co-founder Amit Bouri by the end of the year.
The US private equity firm has teamed up with GIC and ICICI Bank in a deal illustrating the growing global interest in India's renewable energy market.
The San Diego City Employees' Retirement System has found that 'nearly all' of its fund managers have improvements in four ESG categories, although gender and racial diversity have stagnated in the past year.