Snehal Shah

LGT offshoot Lightrock has closed a $300m impact fund focused on Latin America with investors from the region.

The Guy’s & St Thomas’ Foundation has earmarked £100m for social impact funds by 2026 and is open to funds that prioritize impact over returns and vice versa.

The climate-orientated growth investor prefers businesses that are already scaling, like distributed solar company Sun King, managing director Eli Aheto tells New Private Markets.

The firm's $100bn climate investment plans are 'a drop in the bucket', says co-president Scott Kleinman.

Australian government-backed Clean Energy Finance Corporation has been exploring sustainable agriculture investments.

The impact firm is investing its third sustainable infrastructure fund while raising its fourth.

Investors are appointing GPs to deploy impact allocations through direct and co-investments – as investor demand outpaces the market of established impact funds.

Brookfield’s Global Transition Fund has raised $750m from the New York State Common Retirement Fund – eclipsing commitments of $300m from the New Jersey Division of Investment and Pennsylvania Public School Employees' Retirement System.

The €41bn pension fund has also backed CIP’s energy transition fund and its fourth and third flagship renewables funds.

‘We have put our money where our mouth is’ to create impact, but ‘it starts off with the financial KPIs,’ says Apax Impact co-head David Su.