Dutch insurer ASR has committed €10m to the Article 9 fund, which links 100% of its carried interest to the achievement of impact goals.
The Iowa-based firm specializes in providing growth equity capital and succession planning liquidity.
Climate Asset Management’s investment vehicle will straddle its existing carbon and natural capital strategies and is open to investment from Apple supply chain companies to address its Scope 3 emissions.
Dahab Associates director of research Kevin Connolly says farmland allocations are becoming more common among his investment consultant peers, while he sees opportunities narrowing in the market.
Co-founders Ellie Rubenstein and Ross Iverson discuss the added value role the firm plays for LPs and why they receive queries about their portfolio companies as soon as they close a deal.
The ocean impact fund exceeded its €120m target and its structure means SWEN could forfeit 50% of its carried interest it if fails to hit certain impact KPIs.
February commitments to UBS and Homestead Capital added to the $155bn pension’s sizable portfolio of ag and farmland-focused investments.
The Carbon Offset Opportunity Fund has been backed by three British local government pensions and is an Article 9 impact vehicle.
The institutional investors participated in a Series B round for Loam Bio led by Lowercarbon Capital and Wollemi Capital, taking the start-up’s total funding to A$150m.
If approved at the pension’s investment meeting in March, the $1.5bn vehicle will have taken at least $765m in commitments.