OurCrowd, a venture capital fund manager for individual and institutional investors, has launched an impact fund promoting equitable healthcare access in partnership with the WHO Foundation.
The UK and North America lag mainland Europe in divestment plans, fund services provider Auxadi’s survey of private equity managers shows.
Areas like steel, cement, agriculture and others are still being starved of the capital needed to decarbonise.
The firm described its new fund as 'the next step in the evolution of AXA IM Alts’ current natural capital offering'.
These increasingly popular assets’ environmental impact and vulnerability to climate change merit closer attention.
DC-based energy fund manager EIG has made 25% of its carried interest contingent on emissions reduction targets.
Impact manager adds ‘upstream’ private equity stakes and developing markets to its fifth infrastructure fund to maintain performance as market returns trend lower.
AXA IM’s Bertrand Loubières is hesitant to set up an Article 9 fund, describing a ‘conflict’ with equity sponsors to obtain emissions data.
French sustainability-themed fund manager has closed Territoires Innovants 3 at €150m, with 75% of the fund earmarked for PE and secondary fund investments.
Michael Lamach was previously the executive chair and CEO of Trane Technologies.
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