News & Analysis

Canadian firm Longbow – which previously focused on oil and gas assets – has closed its first Energy Transition Fund at $141m.

It may be no shocker, but it is still something of a watershed moment.

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

More issues are falling under the ESG umbrella and firms need to develop better programmes to mitigate the risks and avoid potential issues, experts say.

KKR’s $19bn NA XIII, the largest fund in its history, is the first dedicated fund which will implement employee ownership across all majority-owned companies.

Nuveen’s Rekha Unnithan tells New Private Markets the firm ‘did the right thing by our LPs’ in closing below its original $400m target and says it is already planning its next impact fund.

Most fund managers set blanket net-zero targets for their entire portfolios, but some like real estate manager Fiera are finding advantages to setting fund-specific targets.

Circularity Capital has closed its second fund – the world’s ‘largest circular economy private equity fund’, according to the firm.

To answer that question, we probed industry insiders to find out whether carbon externality has been adequately priced in to AGL.

Daisy Streatfeild was instrumental in the launch of IIGCC's private equity-specific net-zero guidance earlier this year.