The deal will help Climate Friendly ‘accelerate delivery on its purpose’, Adamantem Capital says, with the firm rapidly growing since an initial 2021 investment.
The trio have teamed up to accelerate and scale regenerative farming practices with a €1bn impact fund that will invest in the enabling process.
CHI's Dave Bangert (left), with Pete Stavros and a chicken
Revealing details of the deal to CHI employees in person was, 'one of the most joyful things I have been involved in in my life', said KKR's Pete Stavros.
The £37bn fund says the key for improvement is integrating climate and net-zero considerations into mandates.
The case for investing in climate-focused vehicles is simple; avoiding disappointment will be complicated.
'About six or seven leading LPs' have joined an effort to create an ESG due diligence questionnaire tailored to the venture capital industry.
The fund was unveiled earlier this year with a $150m anchor commitment from the bank.
Last year the firm acquired venture capital fund of funds business Greenspring Associates.
Meketa Investment Group received nearly 50% more responses from managers to its annual DE&I questionnaire than last year.
Goldman Sachs' head of EMEA private equity Michael Bruun does not think we are at the 'too much money chasing too few deals' stage.
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