WovenEarth Ventures announced it has closed its inaugural fund of funds on its hard-cap of $152m.
The $17bn manager has partnered with climate investor Turquoise to launch its first venture capital fund.
Opale Capital has a mandate to invest in climate funds from its growth buyout strategy.
The biodiversity strategy is the first of three sector-specific funds the firm is introducing alongside its diversified sustainable infrastructure strategy, according to sustainable infrastructure managing director Peter Bachmann.
Agtech monitoring plant health
The firm’s Fund II received a €20m commitment from the European Investment Fund.
Temasek's Seviora, ACA and the Ecosystem Integrity Fund are raising capital for climate strategies.
The firm's green transition and social infrastructure funds have each raised €1bn, reflecting LP demand for sustainability, infrastructure and private debt.
Continuation fund research
The venture capital firm focused on early-stage climate tech companies in North America and Europe has closed its inaugural select fund.
Clean Industry Ventures invests in energy transition, industrial transformation and climate technology according to its website.
Connor Teskey, Brookfield Asset Management
Booming demand from LPs motivated Brookfield to launch Global Transition Fund II, targeting $20bn, before BGTF I has realised any returns, president Connor Teskey says.
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