investor allocations

The £22bn pension is meeting its 5% local impact target with low-return venture investments and affordable buy-to-rent homes.

A look inside Bay Bridge Ventures, a firm with grand plans founded by an ex-CalPERS portfolio manager and two venture capitalists.

Virescent Ventures – 70% owned by CEFC executives – now manages CEFC’s A$200m venture allocation and is fundraising another A$200m.

Canada’s largest pension has set a net zero by 2050 target – and will support its assets to decarbonise and rely on a whole-economy transition to carbon neutrality to achieve this, CPP’s chief sustainability officer Deborah Orida tells New Private Markets.

Sampension’s head of ESG, Jacob Ehlerth Jørgensen, says ‘managers [of unlisted funds] must ensure their investments contribute to the green transition’.

The Clean Energy Finance Corporation and superannuation funds HESTA and Legal Super have invested in the Australia-focused growth equity vehicle.

USS has put private markets at the heart of its net-zero ambitions as it sets interim decarbonisation targets.

Florida Retirement System has previously invested in TPG Rise Funds and Summa’s second fund.

Blue Earth Capital’s climate growth strategy is backed by Partners Group co-founder Urs Wietlisbach and Union Bancaire Privée.

For subscribers only: an Excel spreadsheet containing details of LP commitments to funds managed by members of our revised Impact 20 ranking.