impact investing

Two ways in which limited partners can cut through the ‘impact-washing’ attempts.

Anecdotal reports of ‘pockets where people are pulling back from new allocations’ have impact professionals on alert for a fundraising squeeze.

Here is what the giant investor is looking for in new impact GP relationships.

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’.

Generation Investment Management, a sustainability-focused firm co-founded by former US vice-president Al Gore, will pursue investment in sectors such as supply chains, the future of work and food and agriculture.

LGT offshoot Lightrock has closed a $300m impact fund focused on Latin America with investors from the region.

The group has appointed New York head Nadir Settles as global head of impact investing.

The trio have teamed up to accelerate and scale regenerative farming practices with a €1bn impact fund that will invest in the enabling process.

The fund was unveiled earlier this year with a $150m anchor commitment from the bank.

The firm has so far committed around $2bn of the $7.3bn fund to deals and has been pleased 'by the scale and persistency of opportunity'.