Neuberger Berman Appoints Sarah Peasey as London-Based Director of European ESG Investing
Neuberger Berman, announced today the appointment of Sarah Peasey in the newly created position of Director of European ESG Investing.Based in London, Ms. Peasey will report to Jonathan Bailey, Head of ESG Investing at Neuberger Berman. Ms. Peasey will work directly with the firm’s investment teams to further incorporate ESG principles across asset classes and […]
General Atlantic forms BeyondNetZero
General Atlantic, a global growth equity firm, has announced the formation of BeyondNetZero (BnZ), a new venture targeting growth equity investments related to climate change. BnZ is being established in partnership with Lord (John) Browne of Madingley, Senior Advisor to General Atlantic, who will serve as Chairman of the venture. BnZ combines General Atlantic’s significant […]
ESG-focused Blisce Fund II holds first close
Blisce, a B Corp certified transatlantic growth VC fund that has previously backed ventures including Spotify, Pinterest and Headspace, has launched the new fund Blisce Fund II, with a final target of USD350 million. Blisce Fund II, which held its first close today at USD150 million, will make investments ranging from USD10 million to USD35 […]
Morgan Stanley aims to support $750 billion in low-carbon investments by 2030
Morgan Stanley said on Tuesday it would seek to encourage an additional $750 billion worth of spending on low-carbon solutions by 2030 under a scheme which two years ago targeted $250 billion in investment. As part of the commitment, the bank said it would escalate activities such as green-bond financing and financing companies that support […]
BlackRock Real Assets holds USD4.8bn final close for Global Renewable Power Fund III
BlackRock Real Assets has successfully achieved a USD4.8 billion final close for Global Renewable Power Fund III (GRP III) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. The Fund has actively begun investing capital and to date […]
PE-firm Actis to set up 2 green firms with $850 million
Private equity firm Actis Llp plans to invest $850 million in India to build two green energy platforms, said two people aware of the development, highlighting continuing interest among global investors in the domestic renewable energy market. The first platform will focus on setting up grid-connected solar and wind power parks while the second will cater […]
Climate-friendly PE investments do not lead to lower performance
Analysis from global consultancy partnership Kearney has revealed that private equity investments focusing on climate protection, besides having a positive effect on the planet, do not sacrifice profitability. The exploratory study, in conjunction with the Technical University of Munich and climate change-focused start-up ‘right, based on science.’, reveals that climate protection and attractive returns can […]
Abris Capital commits to carbon neutral portfolio by 2025
Abris Capital Partners, a private equity investor focused on Central Europe, has launched ESG Universe 2023 – a comprehensive program of environmental, social and governance initiatives that commits the firm to achieving a carbon neutral portfolio by 2025. The strategy, which has been developed over the past three years, encompasses 17 initiatives across governance and […]
Nomura Dealmakers See ESG Focus Boosting M&A Transactions
Nomura Holdings Inc.’s dealmaking team expects more mergers as governments and investors put mounting pressure on companies to improve their standing on environmental, social and governance scores. “With various nations promoting ESG, the move toward business reorganization will likely gather momentum among relevant sectors,” Shinsuke Tsunoda, global head of mergers and acquisitions at Japan’s largest […]
Brookfield Pursues $7.5 Billion Fund Devoted to ‘Net-Zero’ Shift
Brookfield Asset Management Inc. plans to raise at least $7.5 billion for a new climate-focused fund, as the Canadian investment firm builds out an ESG business led by former Bank of England Governor Mark Carney. The Brookfield Global Transition Fund seeks to take advantage of accelerating interest in solutions to the global climate crisis, with […]
