Toby Mitchenall
In the niche world of sustainability-linked fund finance, EQT has secured a facility that suits an era where materiality and impact matter.
PE ownership correlates with decarbonisation progress in the European mid-market, according to a survey from BCG and Argos Fund.
Reinova Partners anticipates a first close on around $400m in July or August this year.
The $4.4bn subscription credit facility reflects a shift in the way sustainability is integrated into private markets investment processes.
Investors should eschew the philosophy that capital needs to flow to every type of climate solution and instead collaborate more on 'what's really working commercially', Miranda tells The New Private Markets Podcast.
The bank will account for around a third of the total fund size and will collaborate with Ardian on deal sourcing and structuring.
Institutional investors need to broaden their thinking on nature-based solutions to find opportunities to match their risk profiles and scale.
Like other investors, the UK pension is trying to quantify physical climate risk in its portfolio with a developing, but still limited, data set.
The alignment and measurement that is synonymous with good impact management is well suited to help public health systems, said panellists at the Impact Investor Global Summit.
Competitive returns - always a prerequisite for institutional allocators in mainstream private equity impact funds - are starting to materialise.