staging
energy efficiency
The Swiss fund manager has already deployed roughly โ‚ฌ93m through SEEF II, a fund that could be double the size of its predecessor should it reach its โ‚ฌ400m hard-cap.
The fund has already made three investments, including its first bioenergy deals since hiring a team from Foresight Group last year.
Sound Mixing board
The lower risk of blended finance structures could appeal to private equity investors seeking both impact and returns.
The UK insurerโ€™s investment management unit has hired debt and ESG specialist Shuen Chan to lead its real assets groupโ€™s expanded ESG strategy.
Richard Braakenburg, who joined the GIG at its inception in 2013, will replace Asif Rafique, who departed SUSI in August 2018.
Head of private markets Stephen Oโ€™Neill wants 'to see innovation' and solutions that are tailored to a defined-contribution scheme.
Anglian Water, Bristol Water and Northumbrian Water have joined Yorkshire Water in asking the CMA to review Ofwatโ€™s December review.
Stockholm
The fund is about 75% invested after an acquisition from KKR this week, but the firm is now working to โ€˜ensure sufficient capital is available' to keep investing.
conceptual scene, climate change
David Russell, head of responsible investment at the UK's biggest private pension, discusses how the private equity industry is reacting to climate change.
Brookfield and GIPโ€™s latest funds can hang comfortably with PEโ€™s big boys. But despite infraโ€™s long-term credentials, itโ€™s PE firms that are amassing the largest amounts of perpetual capital.
In November, Washington State Investment Board committed $175m to the fund, with an additional $75m of co-investment capital.
The local government rejected plans by Britainโ€™s ninth busiest airport to grow its passenger limit from 10 million to 12 million on environmental grounds.
An illustration of money
The increase in the number and size of debt funds augers well for an asset class expected to grow on the back of compressed equity returns and persistently low interest rates.
The fund has sub-vehicles investing in asset classes such as PE, debt and infrastructure, each of which can commit 30% to secondaries.
The firm has already raised โ‚ฌ500m from European investors and will now pitch the vehicle to Australian LPs.
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