The Connecticut-based private equity firm raises $640m for energy transition buyouts with around one-third of the commitments coming from Europe and Asia, says managing director Mark Lewis.
Global Affairs Canada and blended finance network Convergence have provided a grant for the manager to develop a proof of concept.
It is still an open question how much of the growth in the impact market is the result of a loosening definition, according to responsible investment integration director Sofia Bartholdy.
New LPs include Dutch, Norwegian and Danish impact investment firms, venture investors and individual venture capitalists.
The US institutional investor is adapting to a wider remit with a broader set of financial instruments at its disposal.
The $347 billion development bank views private equity funds as an 'important tool' to deliver its financial and development mandate and is currently evaluating its programme.
The London-headquartered DFI continues to back funds, but is rebalancing its activity to include more co-investments, while also looking at secondaries sales.
Private equity fund managers 'typically drive many cycles of growth and development impact' says Farid Fezoua, global director for private equity and venture capital at the investor.
Several major LPs gathered in New York this week to discuss system-level investing.
Danish pension P+ and German insurer MEAG have both made moves toward increased investment in defence.