insurers

LPs committing to the new ocean-focused fund include Finnish family owned investment company Aboa Advest, US multifamily office Adamo Capital and Swiss investment holding company ARGOng Investment AG.

Matt Christensen will not be replaced directly as the German manager moves to three-person leadership team, which includes head of impact and sustainability for private markets Diane Mak.

The coalition relied on family offices to get the first fund over the line, but it intends to be 'very much more focused' on institutional investors for the second fund, says co-founder Stan Miranda.

A spate of fund closings and an increased private credit push looked to narrow the funding gap in climate investments in the first half of the year.

The decarbonisation-focused private equity firm could use side pockets or SPVs to help fill the funding gap for companies that have moved beyond venture-stage development, says co-founder Charles Cherington.

SEDF would like to see consumer brands move beyond grantmaking to make co-investments or become customers of portfolio companies, according to head of policy and innovative finance Lily Han.

The firm has applied disability-adjusted life years to insurance for the first time, allowing for easier comparison across impact investments.

ICEA LION Group is building up its private credit allocation with a focus on job creation and climate, CIO Gerald Gondo says.

Shuen Chan has left UK insurer Legal & General’s asset management unit, which has combined responsible investment functions for public and private markets under one leader.

AllianzGI has established itself as one of the most influential private markets impact investors since Christensen arrived in 2020.