Generation Investment Management, a pure-play sustainable investment manager with over $36 billion of assets under management, today announced the launch of its $1.7 billion Sustainable Solutions Fund IV. The new fund continues the firm’s commitment to invest globally in companies and teams driving the sustainable future.
Sustainable Solutions Fund IV is Generation’s fourth and largest Growth Equity fund, enabling Generation to invest $50-$150 million as active minority investors in high-growth companies that are shifting industries toward sustainability and responsible innovation at scale. The firm’s prior Growth Equity funds have deployed over $2 billion since 2008, partnering with companies such as AlayaCare, Asana, Back Market, Benevity, Convoy, Gusto, Pivot Bio and Toast, amongst others.
Sustainable Solutions Fund IV will continue to focus on investing in growth-stage businesses with proven technology and mission-driven management teams in:
- Planetary health: net-zero-carbon solutions transforming mobility, agriculture, energy and enterprise by reducing waste and emissions, and enhancing biodiversity;
- People health: enabling better health outcomes and a lower-cost, more accessible healthcare system;
- Financial inclusion: supporting access to finance, reducing inequality and supporting an equitable future of work.
Read more: Business Wire
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