investor allocations

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.

The foundation is an adviser to Future Planet Capital’s ocean biodiversity VC fund and may become an LP, the fund manager tells New Private Markets.

The parent company of Sumitomo Mitsui Trust Bank, a gatekeeper for Japanese pension funds, is transforming its purpose to ‘balanced creation of both social value and economic value’.

Pensioenfonds Detailhandel, a pension fund for the retail sector in the Netherlands, is backing the French fund manager’s impact lending strategy.

The £32 billion pension has raised its ESG data hurdle for managers as it struggles to aggregate managers’ data and obtain DEI data, head of ESG Claire Curtin says at the Infrastructure Investor Global Summit in Berlin.

There’s a mismatch between pension funds’ bitesizes, risk appetites and the impact fund market. Former Leapfrog fundraiser Xenia Loos and Marlene Stam’s advisory shop is trying to resolve that.

ESG is given little consideration among South Korean investors, says a senior exec at Hyundai Marine & Fire Insurance, but the $35bn insurer is 'really interested in the impact side'.

The Canadian LP allocated C$25m to Brookfield’s Global Transition Fund.