Climate

It will not just be ESG pioneers and natural capital specialists integrating biodiversity into their investment processes.

The Californian pension also made a $65m commitment to the Altor Climate Transition Fund I.

CEO Angus Whiteley says the firm is seeing fewer timberland deal opportunities in Europe due to limited scale and high prices propped up by subsidies.

Campbell Global will invest the vehicle on behalf of the defined contribution pension scheme and will not pay performance fees to the JPMorgan subsidiary.

Africa-focused Helios Investment Partners has raised around $200m for the fund, which will invest in ‘climate-smart agriculture and food’, among other sectors.

As some other private markets have recorded surprising figures to varying degrees, agri-food and forestry appears to have slipped back into its happy medium.

The British company specializes in helping food businesses measure and reduce the environmental impact of their products.

The firm’s new forestry team has a track record of sourcing off-market deals, and its CEO believes it can cash in on LP goodwill to raise capital quickly.

Insured carbon credits will be compensated though ‘in-kind replacements,’ or buyers will be reimbursed their purchase price where replacement credits are not available.

The Swedish firm spent two years fundraising in an 'undeniably challenging' market, says partner Johanna Levander.