Investors

'About six or seven leading LPs' have joined an effort to create an ESG due diligence questionnaire tailored to the venture capital industry.

Last year the firm acquired venture capital fund of funds business Greenspring Associates.

A core set of KPIs, selected by associations NCREIF and PREA from hundreds of metrics, is intended to address the ‘Wild Wild West’ of ESG reporting.

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

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.

Seven allocators are urging impact managers to report in line with standards laid out by consulting firm BlueMark.

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

It is another boost for the project, which as of January had more than 100 GPs and LPs signed up. 

The €14bn insurance company’s capital will be co-invested alongside private equity, infrastructure debt and climate insurance funds managed by Schroders and its impact subsidiary BlueOrchard.