investor allocations

Washington State Investment Board has committed more than $1bn to TPG’s four Rise funds since 2017.

The €14bn insurance company’s capital will be co-invested alongside private equity, infrastructure debt and climate insurance funds managed by Schroders and its impact subsidiary BlueOrchard.

The pension's CIO Jonathan Grabel tells New Private Markets it is continuing to gain exposure to climate-related opportunities.

The pension is seeking managers pursuing a broad range of private equity strategies.

Blue Earth is investing $210m of mandate capital alongside its second PG Impact Investments fund – which has closed on $150m – into debt and equity impact fund managers in emerging markets.

The £22 billion UK pension pool has earmarked £1.35bn to climate investments – the largest part of its £4bn private markets investment plan – and is looking at carbon capture technologies and disruptive technologies for hard-to-abate industries.

The Japanese bank plans to commit up to $120m from its impact strategy.

The Illinois-based LP has allocated 22% of portfolio assets to MWDBE-owned firms.

Temasek subsidiary Azalea has launched an ESG fund of funds to back ‘managers committed to investing purposefully to create lasting positive environmental and social impact’.

Itochu and Tokyo Century join the Japan Bank for International Cooperation as investors in Hy24 Partners, a joint venture between Ardian and FiveT Hydrogen.