fund finance

Partners Group has deployed €750m in sustainability-linked loans over the last 12 months as engagement picks up in Europe and the US.

The interest rate will be linked to sustainability performance target.

ESG-linked subscription lines are becoming more common, with the market evolving quickly on both sides of the Atlantic.

ESG criteria are increasingly used to provide rate discounts, but some question the benefits of these facilities.

Carole Brozyna, a former sustainability chief for IKEA, JCDecaux and Sanofi, joins Bridgepoint as the firm announces a sustainability-linked credit line for its €7bn buyout fund.

Relevant areas for the loan include climate change, gender diversity and ESG governance. 

Trill Impact uses the same company-specific KPIs for its impact-linked carry as banks use for their financing – ‘in that way we also have an external eye and verification on the plan’.

European firm Inflexion has secured an ESG-linked fund finance facility. If your firm has also done so, we want to hear from you.

The infrastructure manager has secured a $1.2bn credit facility for its latest energy fund that incorporates a 'use of proceeds' format and a margin ratchet.

The market for loans tied to sustainability targets is growing fast, but measurement and greenwashing concerns remain.