Snehal Shah

The SEC has proposed the abolition of ‘preferential transparency’ enshrined in side letters, which are often a vehicle for ESG requests.

The commission has proposed a rule restricting side letters that grant certain LPs ‘preferential information and rights’. But for LACERA, side letters are ‘a crucial means for market innovation’.

STAFF II was preceded by the €50m INVL Baltic Forests Fund I, which generated 27% annual returns, according to a statement from the firm.

Breakthrough Energy Ventures, founded by Bill Gates in 2016, raised $1bn for its second fund and $1.1bn for its first.

Ares’ co-founder and chief executive, Michael Arougheti, shed light on the firm’s approach to ESG in its Q2 financial results call.

Tikehau is set to close its debut impact lending fund and is marketing regenerative agriculture, real estate decarbonisation and North America-focused decarbonisation funds – having set a climate AUM target of €5bn by 2025.

Accenture’s investment in pulsESG follows a slew of commitments to ESG data companies by firms including Blackstone, Brookfield, Insight Partners, CPP Investments, GIC, CVC and KKR.

Carole Brozyna, a former sustainability chief for IKEA, JCDecaux and Sanofi, joins Bridgepoint as the firm announces a sustainability-linked credit line for its €7bn buyout fund.

USV 2022 Climate is targeting $200m for climate change mitigation and adaptation.

Airbus has a ‘commitment to the scaling up of a global hydrogen economy’ and this investment ‘offers complimentary access to direct partnerships shaping the new energy ecosystems’.