Climate

Savills natcap head Alex Godfrey has been recruited to lead the strategy, which will invest in UK assets with afforestation and peatland restoration potential.

The new fund, backed by European Investment Fund, Ikea Foundation and Convex, among others, is one of four ocean-focused funds that have raised a combined $647m.

The early-stage venture capital strategy was launched in December 2021 and has amassed a portfolio of more than 20 companies.

The firm has held a $100m first close on a strategy that promises to mobilize $5.6 for every dollar spent.

Managing partner and co-founder Fabio Sofia says the practice creates ‘some tensions in terms of alignment of interests’ in the value chain.

Profits dipped at Macquarie Asset Management thanks to increased costs in developing renewable energy projects, as well as a slowdown in asset realizations in clean energy.

The firm will extend loans to Ukrainian farmers through its crowdfunding platform and has financed €50m in agricultural loans across Europe.

We speak to Agri Carbon Investments, Climate Asset Management and GreenCollar about what the nascent market needs to become a home for all forms of capital.

To address Europe's 'Series B Death Valley' for climate tech companies, World Fund has set aside €200m of its new €300m fund for follow-on investments in its best-performing companies.

The seafood value chain fund has a $150m target and has welcomed Cambridge Associates as a new investor to the strategy.