Both firms announced first closes on Tuesday for market-leading fundraises focused on investments that will address the climate crisis.
More companies are aligning their mission with the UN's Sustainable Development Goals, says co-founder Blair Garrou.
The €1.45bn fund-level facility was arranged by Standard Chartered Bank.
The global asset manager released its annual sustainability report, which identified trends impacting investments that reach beyond climate change.
Sol Systems’ impact power purchase agreement combines the development of corporate clean energy with investments in under-resourced communities.
Sustainbility-focused Nordic firm Summa Equity will soon open its first office outside of the Nordics as it accelerates its global dealmaking.
Asset manager M&G is in the market for a private credit impact director to join Catalyst, its £5bn private markets impact fund launched in February 2021.
NPM Investec GP survey
Of GPs, 62% say they have declined an investment in the past year due to ESG factors, compared to 55% the year before, according to Investec’s survey of private equity managers.
The renewable energy investor has smashed its €800m target and is looking at new countries and sub-sectors with Fund IV.
Oaktree ESG head Priya Prasad Bowe
Private debt manager Oaktree’s newly announced head of ESG talks to New Private Markets about the firm’s strategy-specific ESG policies, the challenge of quantifying non-financial factors and its limited influence as a private debt investor.
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