Fundraising

As private debt funds hone their focus on ESG, the big challenge is to find effective ways to influence the management of the underlying asset.

The fund will target renewable assets in both Europe and North America and is open to further commitments from additional investors.

Investors cannot afford to ignore a GP set that has largely outperformed industry benchmarks, even during a pandemic.

Private equity energy investors embrace the promise but also the challenges of the transition from fossil fuels to the burgeoning renewables movement.

Bamboo Capital Partners’ $500m SDG fund has continued to attract interest because its returns are now closer to what’s available in wider capital markets, says managing partner Florian Kemmerich.

The Impact Alternatives Fund will invest up to 30% of its capital in regen ag and up to 20% in environmental assets in response to investor feedback.

The two firms, which have previously collaborated on a water investment vehicle, have received A$500,000 to explore the business case for a new fund.

Environmental stakeholders are accustomed to thinking about natural benefits such as pollination as a ‘service’ – investors will need to do the same to grasp the natural capital opportunity.

"Asset managers responsible for trillions in investments, issuers, lenders, credit rating agencies, analysts, index providers, stock exchanges – nearly all types of market participants – use ESG as a significant driver in decision-making, capital allocation, pricing, and value assessments"

The founders of Epiphany Community Holdings said covid-19 and social unrest have highlighted the lack of broadband investment in underserved communities.