impact investing

There is an urgent need to help small and medium-sized companies decarbonise. Will private equity firms turn this into an opportunity?

Carbon Equity, 'the Moonfare alternative for impact investing', is eyeing rapid growth to meet growing demand from mass affluent individuals for access to climate venture capital funds.

Investors are getting more exacting about impact, says CBRE IM's Andrew Davey, as the firm reaches £500m for its open-end affordable housing fund with fresh commitments from two UK pension funds.

Some pensions are getting more comfortable with the 'relatively immature' market for impact funds, bfinance's Anna Morrison says.

Three Hills joins a growing crowd of private debt fund managers launching impact strategies.

TPG Rise is also raising its third private equity impact fund and warns it may not hit its $3bn target amid 'ongoing challenges in the fundraising market'.

ABC Impact is reportedly targeting $600m for its sophomore fund.

Ingka Investments has made its first commitment to a blue economy fund.

Hamilton Lane Impact Fund II was launched in April 2021 as a growth and buyout strategy with a $400m target.

The US impact firm is expanding into new asset classes while seeking up to $5bn for its fifth private equity fund.