Carbon

The firm has appointed Damien Braud from Proparco while its partner for the NBS strategy, aDryada, has hired CDPQ’s Bertrand Monin.

With more than 25% of total capital invested in European tech companies going to the carbon and energy sector, sustainability-focused start-ups have attracted tech workers from other parts of the world.

Domain Timber Advisors chief executive Joe Sanderson says a ‘quiet period’ has provided an opportunity for managers to strategize how they will meet LPs’ evolving forestry demands.

The firm has invested more than €2bn in timberland for Munich Re Group since 2009 and has built up a 400,000ha portfolio.

Seviora Capital’s T3F strategy has raised $173m to date for a 10-year closed-end fund focused on early-stage investments in agri-food companies across APAC.

The funds will be used on a project to build semi-permanent canal blocks through the peat swamp forest that will raise the water table and restore degraded land, New Forests said.

Annual fundraising for 2023 has slotted into the 8.2bn five-year average as 2022 emerges as the market’s major slump-year since 2018.

Climate resilience technologies will play a bigger role in the CEFC-backed venture capital firm’s second fund.

The firm raised $945m across its secondaries and carbon strategies in 2023.

The non-profit asset manager was launched by three partners to invest exclusively in the US state of Maine.